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Thankfully the regulations saved the public before WeWork could enter the stock exchanges. As long as it stays this way, I really don't care if Saudi Arabia sin
by papito 7y ago
Thankfully the regulations saved the public before WeWork could enter the stock exchanges. As long as it stays this way, I really don't care if Saudi Arabia sinks billions of dollars into a turkey like I will sink my teeth into one tonight.
- reaperducer 7y agoThe risk is that suddenly all tech investors will want to know what's going on with all of the companies they invested in, and demand actual returns and not pixie dust and double talk. Can you imagine if the SV bubble was held to the same expectations as real world companies? Half of the Bay Area would curl up and blow away overnight.
- meddlepal 7y agoYou say that like it's a bad thing. Sometimes things need to fail and fail hard so everything can get better in the long run.
- deleted 7y ago[deleted]
- rifta 7y ago>Half of the Bay Area would curl up and blow away overnight. So your suggesting that only 50% of the Bay is BS?
- ghaff 7y agoHow big is the frothy part of the SV tech (and tech adjacent) landscape relative to the tech landscape as a whole though--much less relative to the total Bay Area economy? It looks to me as if companies that seem to have no credible business plan are already starting to be punished. I don't doubt that scrutiny will probably increase further and people should probably think harder about joining startups that don't seem to have a path to profitability. But I expect something like a major downturn in ad tech would have a much greater impact than some will-never-be-profitable startups circling the drain.