Like Chris Dixon, SA's Lenny Grover doesn't think we're seeing a broad-based tech bubble similar...

|By:, SA News Editor

Like Chris Dixon, SA's Lenny Grover doesn't think we're seeing a broad-based tech bubble similar to 1999-2000. But he does think valuations for certain public names in hyped areas have gotten out of hand. As evidence, he points to how several popular companies sport EV/sales ratios above 10, and LinkedIn (LNKD) sports a higher market cap than Western Digital (WDC) in spite of a having a tiny fraction of its revenue and net income.