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The last two years of inflation in tech stocks don't feel like the kind of new-market hype that was so endemic in 2000. I remember the gobs of new companies goi
by jvanderbot 5y ago
The last two years of inflation in tech stocks don't feel like the kind of new-market hype that was so endemic in 2000. I remember the gobs of new companies going unicorn all the time with massive VC investment and tv ad bliztkreigs.
Lately, it feels like a milder ride of speculation in existing companies (Will Zoom be a good investment since everyone is using Zoom?? Amazon is delivering everything! They must go up!).
When some of those gambles don't pay off, and businesses return to a normal-er climate with pre-pandemic profits, a return to 2018/2019 levels wouldn't be so hard to believe, probably with a little dip as home and speculative investors panic.
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