Haute 100 San Francisco Update: Ron Conway Talks Tech

Ron Conway has spoken, and tech companies are rejoicing. The industry veteran—one of the first investors of heavyweight social media companies Facebook, Google and Twitter—says the tech industry is no bubble, and if it were, it wouldn’t be anywhere near bursting.

“We are nowhere near a bubble,” Conway said at the Milken Institute Global Conference in Los Angeles. “The companies getting funded have sales and profits.”

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