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it could have a massive effect on tech valuations in general. so from a real economy perspective you may be right, but the stock market and VC market might star
by beberlei 9y ago
it could have a massive effect on tech valuations in general. so from a real economy perspective you may be right, but the stock market and VC market might start to see this as an event to re-evaluate everything.
- te_chris 9y agoAn event they would entirely deserve, if that's the case.
- TeMPOraL 9y agoAnd it would be a gain for the society, too - because currently it seems the more absurd a valuation is, the more there is something wrong with a company - either it's doing useless crap, antisocial crap, or behaving immorally while doing something potentially useful. I would love to see the valuations go down, to reduce the incentives for smart people to grow harmful businesses.
- xxs 9y ago"...but the stock market and VC market might start to see this as an event to re-evaluate everything" You are saying it as it is a bad thing.