3 ms·
Some companies made it out of the 2001 era very strongly, though most didn't. The main difference I see here is that the stock of most of the companies which cr
by DividesByZero 14y ago
Some companies made it out of the 2001 era very strongly, though most didn't. The main difference I see here is that the stock of most of the companies which crashed in 2001 initially rose strongly on the back of speculation. In the case of FB/ZNGA etc, the stock has consistently fallen since IPO.
The market mechanism appears to be working here in a way it failed in 2001.