Dallas Mavericks owner Mark Cuban believes that we're currently in the midst of a tech bubble...and it's even worse than the dot-com bust of 2000. In a post to his blog on Wednesday evening, Cuban wrote that "The bubble today comes from private investors who are investing in apps and small tech companies."
See Cuban's CNBC interview video below:Cuban continued to pour cold water on the rampant optimism in the tech sector, asking "If a stock in a company is worth what somebody will pay for it, what is the stock of a company worth when there is no place to sell it?"
What do you think? Does Cuban make sense, or is his prediction nothing more than (shark) baiting?
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