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I think it's setting a very dangerous precedent. A lot of startups may be overvalued because of these massive investments
by shry4ns 8y ago
I think it's setting a very dangerous precedent. A lot of startups may be overvalued because of these massive investments
- anonymous5133 8y agoIMO, It is quite obvious there is a bubble in tech forming. I look at some of these companies and don't even know how they can justify the current investor expectations. I see people justify amazon's high valuation by saying stuff like "well if they get x % of WORLD retail sales...". It just shows the lack of depth in understanding that these people have. I am sure there is similar overly optimistic views occurring in the VC space as well.