> This reminds me of the bitcoin market. This is way more like the status quo of private equity. A bunch of people throwing money at negative cashflow business

> This reminds me of the bitcoin market. This is way more like the status quo of private equity. A bunch of people throwing money at negative cashflow businesses. I wonder if this period of time in history will be looked at as ridiculous. Another poster in this chain made a good point, however - due to very low taxes, people have a lot of cash and there is just finite opportunity currently.