The escalating price of buyouts and the valuations of recent IPOs have plenty of people worried we’re in — or approaching — another tech bubble. Experts are divided on how accurate those fears are, but there’s no denying the implosion that occurred around the turn of the century.

The first tech bubble saw ridiculous levels of spending — from both executives and venture capitalists — and it was only a matter of time before investors hopped on that bandwagon.

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