Wouldn't a decent measure of boom vs. bubble consist of looking at the number of companies that become profitable and self sustaining? The article talks a lot about companies looking for money, but how many made the transition from money consumer to self sustaining?
If the current crop of start ups has a decent percentage of companies becoming profitable and remaining in business 5-10 years down the line, it's boom.
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Wouldn't a decent measure of boom vs. bubble consist of looking at the number of companies that become profitable and self sustaining? The article talks a lot about companies looking for money, but how many made the transition from money consumer to self sustaining?
If the current crop of start ups has a decent percentage of companies becoming profitable and remaining in business 5-10 years down the line, it's boom.