Kris Jones argues 2015's high tech valuations reflect disruption, not a bubble
Kris Jones · 20 VC 002: How to become a VC with Kris Jones · Jan 13, 2015 · at 21:03
Kris Jones, founder of Pepperjam and head of KBJ Capital, addresses concerns about high market valuations and whether the tech industry is experiencing a bubble in early 2015.
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“I think the valuations right now are very, very high. But I don't believe so, and the reason I don't believe there's a tech bubble is because I believe that the period of time we're in right now is a period where you're going to see a lot of disruption, meaning that, you know, industries that have existed, whether it be the auto industry, for instance, Uber or the hotel industry you know you know, for instance there's so many different hotel companies out there like Airbnb and others. So we're going through this period of disruption where, whereas these old school industries that have kind of failed to innovate or haven't taken advantage of mobile and in particular mobile are really quite honestly they've met their match.”
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