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It's really about interest rates. The idea was that there's no way the Fed will be raising rates anytime soon so everything went on sale. Yes, an over extension
by nemo44x 4y ago
It's really about interest rates. The idea was that there's no way the Fed will be raising rates anytime soon so everything went on sale. Yes, an over extension is a lot of things is probably fair. Snowflake is not a 100B company today, for example.