UM: Tech Bubble

Writing a guest column in Forbes magazine, University of Michigan engineering professor Peter Adriaens, who focuses on business entrepreneurship in clean technology, looks at whether the market is experiencing a social network “bubble,” in light of high valuations for Facebook, Groupon, LinkedIn and other companies. Adriaens writes: “We’re just at the beginning of this market disruption and what is happening with social networks bears only limited resemblance to the dot-com boom. The question is whether the business fundamentals have shifted value capture opportunities – PFC [positioning for value capture] analysis indicates they may have. Time will tell.” [Source]