Open Text CEO Sees Startup Valuations as Warning Sign of Bubble
Open Text CEO's Theory of Boom & Bust in Silicon Valley
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The chief executive officer of one of Canada’s largest software companies is calling the second tech bubble.
The valuations of many software startups have gotten so high the market looks similar to the way it did 15 years ago before the technology bubble collapsed, Mark Barrenechea, CEO of Open Text Corp. and a former Oracle Corp. executive, said in an interview Thursday on Bloomberg TV Canada.