You are here

Bubble may be looming in mobile startup market

Companies that would have received US$8m to US$10m in investments a few years ago are now getting as much as US$50m


THE number of mobile Internet startups with valuations crossing US$1 billion has jumped by a third in just eight months and that's spelling trouble for some venture capitalists looking to cash in on their investments.

Already, there are signs of worsening returns. The...

Market voices on: