Mark Cuban: We're in a Tech Bubble Worse Than in 2000

Daniel Banas |

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."

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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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