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How these prices reached those levels without anyone batting an eyelash a mere 20 years after the last dotcom bust is beyond belief. It's never "different this
by abraxas 5y ago
How these prices reached those levels without anyone batting an eyelash a mere 20 years after the last dotcom bust is beyond belief. It's never "different this time", folks.
- jlawson 5y agoSeveral of today's biggest companies in the world were startups during the dotcom crash, and survived it, lost value, but then came back and took over the world. Perhaps investors are thinking that some of these companies might do the same thing.
- mupuff1234 5y agoMost of the companies in above list are actually fairly mature companies (10 years+). I think it they had the potential to take over the world, they probably would have already, or at least show some serious signs of doing so.
- ant6n 5y agoIt’s fine as long as somebody else is holding the bag