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The losers in this bang bust of pretending to be billion dollar industries are always the stock market investors which includes mutual funds and hence the comm
by ganeshkrishnan 7y ago
The losers in this bang bust of pretending to be billion dollar industries are always the stock market investors which includes mutual funds and hence the common people.
Keep pumping money until we can list it on the stock market. Find the sucker investors and wash our hands off the investment. The greater fool is ultimately the retail investors on the stock market.
Big vcs have already made their mark-up. It's up to the mom and pop investors to pickup the baton and run
- SpicyLemonZest 7y agoI don't really buy that there's a bang bust here. Even in the narrow reference class of 2017 VC-backed unicorn IPOs, many other companies did perfectly well. There's no investing strategy that won't see some failures.
- jjeaff 7y agoDo you have some examples? So far, I'm seeing Snap, Cloudera, MongoDB, and SendGrid. Snap-down, Cloudera-down, Mongodb-up, SendGrid-acquired but was up. I would expect in a bull market for most to be up, not half.
- SpicyLemonZest 7y agoOkta and Mulesoft are also very far up (Mulesoft until acquired), and Stitchfix is up a little bit.