3 ms·
The real explanation for this evaluation is that the investor class has decided to offer stock on the public market only in a way that there is basically almost
by spaetzleesser 5y ago
The real explanation for this evaluation is that the investor class has decided to offer stock on the public market only in a way that there is basically almost no upside potential left for the retail investor, only downside. This is basically an attempt to make cash while transferring most of the risk to retail investors.
I am 100% convinced that this will end like the .COM bubble.
- deleted 5y ago[deleted]
- brianwawok 5y agoRight, most car startups fail. Odds are against some of these…
- phlipski 5y agoI don't see how the market can value Rivian as the fifth most valuable car company IN THE WORLD - behind Tesla, Toyota, VW and BYD. Ford ships 900K F-150's annually and their market cap is ~ $80 billion.... HW doesn't scale like SW yet the market seems to think (hope?) otherwise....