Press Play with Madeleine Brand
Is the Tech Bubble on the Verge of Popping?
Some of the irrational exuberance of the last few years might be on the way out of Silicon Valley . One example is a five-foot-tall chrome panda statue at the file hosting company Dropbox , which was rumored to have cost $100,000.
By Madeleine Brand • • 1 min readSome of the irrational exuberance of the last few years might be on the way out of Silicon Valley. One example is a five-foot-tall chrome panda statue at the file hosting company Dropbox, which was rumored to have cost $100,000. Recently, a note was added to it reading: “When it comes to building a healthy and sustainable business, every dollar counts. And while it’s okay for us to have nice things, it’s important to remember to ask ourselves, ‘Would I spend my own money this way?’” Dropbox isn’t the only tech company in the midst of a fiscal soul searching. Is the tech bubble on the verge of bursting?
