4 ms·
That headline makes it sound like a bad thing... yet many are concerned that valuations are inflated. So perhaps this is a blessing in disguise?
by danboarder 8y ago
That headline makes it sound like a bad thing... yet many are concerned that valuations are inflated. So perhaps this is a blessing in disguise?
- AndrewBissell 8y agoTo the extent that rich valuations are propped up by Saudi money, I think it's a great thing for them to come back down to earth.
- AndrewBissell 8y agoAnd speaking more broadly, I don't subscribe to the "higher valuations and asset prices == better" ideology, so the headline didn't read in a negative way to me. :-)
- deleted 8y ago[deleted]
- repsilat 8y agoRaising at a high valuation means more money for less dilution. Sounds good for the founders and maybe "good for America" too to me.
- AndrewBissell 8y agoThat depends on who's ultimately left holding the bag on the inflated valuation, and how much it attracts additional capital to potentially be wasted in a marginal business.
- hiram112 8y agoYou obviously didn't just get married, birth a kid, and buy a 1970's ranch in the bay area for 12X your income. Got it!
- AndrewBissell 8y agoI just got married and had two kids. Skipped the buying horrendously overpriced real estate part though!