The IPO of LinkedIn has triggered warnings about a new internet bubble. The business was valued at $11.6 billion and its shares closed up 109 percent on launch day.
It is worth remembering that the internet or dot.com bubble ran from roughly 1995 until it burst spectacularly in 2000 (or ‘the year 2000′ as we rather quaintly called it at the time). Assuming you start a serious job in the finance industry at at 23, that means no one under 34 really has any concept of the bubble and no one under 39 would have seen the whole thing through.
Short memories — or none at all?