a lot of these tech companies are fluff… yes some of them produce something of value but for each company producing something valuable there are 10 other tech companies doing nothing.
Example – that company called Bebo, the 25 year old sold it to AOL for $850 million, AOL was stupid enough to pay that much for it, he collected the money and walked away and then AOL realized that product is nothing but sh!t. He then bought it BACK from AOL for $1 million LMFAO!