'Crazy' valuations spur tech bubble fears

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While housing bubble worries may be overblown, whether the same is true in the booming tech industry is less than clear. Valley Wags’ Sam Biddle asks: When companies like Snapchat and Pinterest, which have not made a single dime — ever — are valued by investors at more than $4 billion, “(h)ow is this not a bubble, and why aren’t more people saying this is crazy?”

Source: Valley Wag