Really interesting! I’m surprised that such a high proportion of people think they’re in a bubble. I’d be curious to hear:
- are there particular tech companies that people think are overvalued?
- are there any that are undervalued right now?
- who do you think has the best chance of surviving a crash?
For me it’s -
- Facebook because they’re facing some strong headwinds from regulators worrying about privacy & teens seem to be using them less & less. Yes they have Instagram & WhatsApp but the design of those services limits their ability to add features to a certain extent, which means fewer opportunities to advertise. (We’ve discussed them some more before here).
- Square because as I’ve mentioned, they’re just getting started.
- Amazon because they’re eating the world, becoming increasingly diversified.