The Bubble Always Precedes the Buildout

That’s the quote that Paul Saffo gave to the New York Times today (he actually said “the bubble days always precede the buildout”) in a story largely about Google’s IPO, but also about what’s next for technology investing.

That’s the way its been for over 300 years of technology revolutions including the industrial revolution, the age of steam and railroads, the age of automotive and mass production, and now the age of technology and telecommunications. The buildout of the information technology age is upon us and I believe it will foster numerous excellent investment opportunities in the years to come.

#VC & Technology