Welcome to the New Bubble: Shutterstock files for IPO
Those of you who lived through the 90s tech bubble are probably seeing warning signs and red flags everywhere. You can feel it in the air. A new tech bubble has formed and it is growing rather fast. The number of this-is-definitely-not-a-tech-bubble denial posts are increasing, and the more confident the denials, the more likely it is that the bubble is growing. This is starting to sound like a universe expansion/contraction theory?
Occupying a small part of the growing bubble's surface is the just-announced Shutterstock IPO! Stock photography mania is next? Perhaps the billion dollar Facebook-Instagram acquisition is sweeping parts of the digital photography and imaging world into this new bubble?