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I question your valuations... they're neither public market numbers nor completed acquisitions. You're using the bubble to validate your assumptions that you're
by tacos 10y ago
I question your valuations... they're neither public market numbers nor completed acquisitions. You're using the bubble to validate your assumptions that you're not in a bubble.
- deong 10y agoWell, that's kind of what you have to do. The definition of a bubble is contingent on the burst at the end. If it never bursts, it wasn't a bubble. So you take today's valuations (which you assume are bubble-inflated) and then compare them to the valuation at some future date. If the valuations are a lot lower, then there was a burst and thus a bubble. If not, no bubble (or it's still ongoing).