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Friday, April 22, 2011

Another Boom in Silicon Valley

by Calculated Risk on 4/22/2011 01:55:00 PM

From Jason Lloren at the San Francisco Chronicle: Silicon Valley CEOs see hiring surge continuing

In a survey of 175 chief executives, 66 percent said their companies added jobs in 2010 - twice the number of those polled the previous two years. That was also the highest percentage since the annual Business Climate survey began eight years ago
Fifty-five percent of the CEOs polled anticipate job growth in the region to be better in 2011. Only 5 percent expect it to be worse.
That is good news.

For fun, here is a video from the Richter Scales a few years ago "Here Comes Another Bubble v1.1".

Wow - it seems out of date now. Making fun of Facebook at a valuation of $15 billion? Goldman invested at a $50 billion valuation earlier this year. And house prices have fallen too ...