4 ms·
The bubble is bursting.
by roschdal 9y ago
The bubble is bursting.
- acchow 9y agoLots of tech companies are making serious money.
- nemo44x 9y agoThe SNAP bubble or tech or equities in general? Many tech companies are posting growth inline with guidance and performing quite well. Many publicly listed companies are performing quite well in terms of projections. Condemning an entire sector because a single company shit the bed in their first earnings call is a bit much. Consider that even after this huge drop they are still at their IPO price. Not that I'm a buyer of this company (I don't understand them - doesn't mean they are bad but just that I don't understand them enough to invest directly in them) but it isn't a disaster. I've seen bubbles burst. You'll know it. This isn't it. This is a correction.
- seattle_spring 9y ago> The bubble is bursting. This has got to be the laziest trope that gets brought out every time a tech company loses some money.