4 ms·
it's like if a vc invested at a big valuation for a tiny stake. it's impressive, but nobody knows if that valuation will hold up.
by soup10 9y ago
it's like if a vc invested at a big valuation for a tiny stake. it's impressive, but nobody knows if that valuation will hold up.
- cup-of-tea 9y agoBut this isn't that is it? These are based on trades that probably took place in the last few seconds.
- soup10 9y agomy point is the most recent trades are a small sample of financial activity which is then extrapolated to make the market cap metric. and i think it's not as meaningful a metric as it would be with stocks since its a much more volatile asset class
- cup-of-tea 9y agoYeah, but then maybe there should be some metric to measure volatility as well. Even some stocks are going to be more volatile than others. And it's not like stocks have never been outrageously overvalued before...