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I think it's extremely important to note here that June 2020-June 2022 is the bigger aberration for SQ/Block's share price than July 2022. It's extremely painf
by majormajor 4y ago
I think it's extremely important to note here that June 2020-June 2022 is the bigger aberration for SQ/Block's share price than July 2022.
It's extremely painful to those who bought in, or got granted shares/options, at the super-inflated prices, but it's closer to a "return to normal" than an epic crash so far.
Hopefully that continues and also hopefully people recognize that, so that panic doesn't push things further down.
- paxys 4y agoWhy do you think Stripe's rise to a ~$100B valuation during that same period wasn't a similar aberration?