Time Inc.’s CEO Joe Ripp Says It’s 1999 All Over Again

Time Inc. Chief Executive Joe Ripp said the inflated valuations for technology companies that he saw in the late 1990s are back.

“We’re at a bubble again,” Ripp said in an interview at Code/Media Series: New York. “We’re looking at these new technologies and services, and they say they’re worth a lot of money. … I’ve got to run an old media company. I can’t generate buzz. I have to generate cash.”

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