ztaylor

"I have never seen such a generation of people shorting tech stocks,” Mr. Kedrosky said, noting that he too has chosen to bet that Groupon, Zynga and LinkedIn will fall significantly in value. “Usually the short community is more nervous about it, but there is a monolithic view that this generation of technology I.P.O.’s is completely broken."

Disruptions: Tech Valuations Defy the Restraints of Reality - NYTimes.com (via rickwebb)

(via rickwebb)