Andreessen Denies Internet Bubble, Advises Times to Stop Printing

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By: Sarah McBride | Reuters

(Reuters) – Far from experiencing a bubble, Silicon Valley has been in the throes of a “technology depression,” Netscape co-founder and venture capitalist Marc Andreessen said at the New York Times Dealbook conference on Wednesday.

While conventional wisdom holds that social-networking website Facebook Inc’s initial public offering pricked a bubble that was taking hold around privately held consumer Internet companies, Andreessen expressed skepticism.

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