{"id":715,"date":"2011-06-08T23:58:39","date_gmt":"2011-06-08T21:58:39","guid":{"rendered":"http:\/\/cerezo.name\/blog\/?p=715"},"modified":"2024-10-14T14:20:21","modified_gmt":"2024-10-14T12:20:21","slug":"the-new-new-tech-ipo-bubble","status":"publish","type":"post","link":"http:\/\/cerezo.name\/blog\/2011\/06\/08\/the-new-new-tech-ipo-bubble\/","title":{"rendered":"The New New Tech <span class=\"caps\">IPO<\/span> Bubble"},"content":{"rendered":"<p style=\"text-align: justify;\">The latest IPOs of tech companies like LinkedIn, Yandex and RenRen have reactivated the never-ending debate of valuations and the fear of another tech bubble, even if most tech stocks are cheaper than before the dot-com bust. But this time, we have the masterful studies of [amazon_link id=\u201c1843763311\u201d target=\u201c_blank\u201d ]Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages[\/amazon_link] and [amazon_link id=\u201c0123497043\u201d target=\u201c_blank\u201d ]Tech Stock Valuation: Investor Psychology and Economic Analysis[\/amazon_link], providing us with tons of empirical data from previous bubbles. Or even better, real-time theories of asset bubble formation, like the <a href=\"http:\/\/ssrn.com\/abstract=1621728\" target=\"_blank\" rel=\"noopener\" class=\"broken_link\">Jarrow-Kchia-Protter-Shimbo theory<\/a> put to test in the following paper:<\/p>\n\n<div class=\"gde-error\"><span class=\"caps\">GDE<\/span> Error: Error retrieving file \u2014 if necessary turn off error checking (406:Not Acceptable)<\/div>\n\n<p><em>This time is different.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest IPOs of tech companies like LinkedIn, Yandex and RenRen have reactivated the never-ending debate of valuations and the fear of another tech bubble, even if most tech stocks are cheaper than before the dot-com bust. But this time, we have the masterful studies of [amazon_link id=\u201c1843763311\u201d target=\u201c_blank\u201d ]Technological Revolutions and Financial Capital: The&nbsp;[\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"ngg_post_thumbnail":0},"categories":[14,13,5],"tags":[],"_links":{"self":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts\/715"}],"collection":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/comments?post=715"}],"version-history":[{"count":9,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts\/715\/revisions"}],"predecessor-version":[{"id":1649,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/posts\/715\/revisions\/1649"}],"wp:attachment":[{"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/media?parent=715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/categories?post=715"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cerezo.name\/blog\/wp-json\/wp\/v2\/tags?post=715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}