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Nit: Tesla trades on NASDAQ, not NYSE. I think I know what you mean, but what are you really saying here?
by gabrielsroka 5y ago
Nit: Tesla trades on NASDAQ, not NYSE.
I think I know what you mean, but what are you really saying here?
- solveit 5y agoAgh, I clicked the first google result for "NYSE by market cap" and it was something else. And of course Saudi Aramco doesn't trade on the NYSE either, that should've been more obvious. What I'm saying is that tech is a mature sector of the economy that is adjacent to but different from the startup world, and while cheap capital may inflate startup valuations, it's not the reason Apple or Alphabet are valued as they are.