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With layoffs by Twitter and Snapchat going on as well, this article seems worth discussing about. Signs detailed in the article: 1. IPO market is screeching t
by nopinsight 11y ago
With layoffs by Twitter and Snapchat going on as well, this article seems worth discussing about.
Signs detailed in the article:
1. IPO market is screeching to a halt.
2. Tourists are taking the bus out of Silicon Valley. (Tourists --> mutual funds, hedge funds, other institutions that are not experts in helping grow tech startups.)
3. Money-losing startups are over-valued.
4. Private companies are aggressively sweetening the pot to attract fresh capital.
- eli_gottlieb 11y agoA lot of people have been calling bubble for years. What brought on the pop at this precise moment?
- fivethreetwo 11y agoReality caught up with irrational exuberance.
- karmajunkie 11y agoWhile I think the article makes a pretty good argument, i don't think the pop is quite here yet. I went through the first dot com bubble pop, and it was a bloodbath. This one won't be nearly as bad (I hope) but things are going to get a lot worse than they are now if this is a legit bubble and it pops.