That's just how markets work, always have. Nothing special about tech companies, the same phenomenon is seen with anything bought and sold in a free market. Eg.

That's just how markets work, always have. Nothing special about tech companies, the same phenomenon is seen with anything bought and sold in a free market. Eg. https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania