U-M prof weighs in on tech bubble predictions

A U-M engineering professor takes a look at the latest bubble-like eruptions in the tech market and figures whether the valuations are justified. Excerpt: "The ‘right’ answer, albeit wholly unsatisfactory, is that it depends on how one looks at these companies’ business models and value capture potential, Groupon’s recent unconventional revenue reporting notwithstanding. So let’s dissect business model and value capture potential differences between the dot-com boom and what is going on with the social network companies right now." Read the rest of Peter Adriaen's column here.