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Good Question: ssivark 2 hours ago [–] Is it even meaningful for a company to be valued at ~$30B if it cannot guarantee survival & stability? In what sense o
by switch11 6y ago
Good Question:
ssivark 2 hours ago [–]
Is it even meaningful for a company to be valued at ~$30B if it cannot guarantee survival & stability? In what sense of reality is this a “unicorn”?
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Fed is printing infinite money
So $30 billion is not $30 billion
AirBnB offers the potential of high upside
Do you park your 'free, Feb printed money' in the bank, and then at some point its value is less than it started
Or do you park it in AirBnB or another IPO, where it might go to zero, or it might go ten times
Everywhere IPOs are booming. Because money is being printed and there is nowhere for it to go for a good return