The document discusses whether Egypt's growing tech sector constitutes an economic bubble. It outlines characteristics of bubbles, including unsustainable rises driven by speculation. While mobile internet usage and startup activity in Egypt are booming, the author argues it is too early to call it a bubble since infrastructure and consumer adoption continue growing. Fundamentals have not taken a backseat to speculation yet. The sector will need to overcome challenges of startups failing or lacking viable business models before concerns of an impending crash materialize.