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Has investing in the stock market become democratized? Sure you could invest in Amazon at a low market cap back in the 90's, but what about Uber, Stripe, Dropbo
by throwaway1748 9y ago
Has investing in the stock market become democratized? Sure you could invest in Amazon at a low market cap back in the 90's, but what about Uber, Stripe, Dropbox, or any recent breakout 'unicorn'?
The privatization that has happened in financing high-growth startups is not great news for Joe Q Public
- skookumchuck 9y agoThe market has gone up 30% in just the last year, and that has nothing to do with high-growth startups. Amazon has doubled in just the last two years. So did Netflix, Apple, etc., all long past their IPOs. This was all available to John Q Public. Yet all I hear are complaints.
- dv_dt 9y agoSo, to paraphrase, the market in it's infinite generosity allows paupers to invest in stocks as well as billionaires?