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I think it will pop but not in the way everyone thinks it will pop. There's plenty that's not going to go away / anywhere, but I'm sure lots of startups will fa
by giancarlostoro 1y ago
I think it will pop but not in the way everyone thinks it will pop. There's plenty that's not going to go away / anywhere, but I'm sure lots of startups will fail and close their doors.
- hypeatei 1y agoWhat way do you envision it popping? Nvidia has tons of investments on their books in smaller companies. If a couple of them start showing poor earnings, it could cause a death spiral for NVDA because 1) their investment just tanked, and 2) those companies are no longer buying chips from them therefore reducing revenue. Nvidia also makes up ~7% of the S&P 500 so if their stock price falls substantially, that's a big chunk of capital just... gone for a lot of people.
- lelanthran 1y ago> I think it will pop but not in the way everyone thinks it will pop. Everyone thinks it will pop the way the dotcom bubble popped > There's plenty that's not going to go away / anywhere, but I'm sure lots of startups will fail and close their doors. Just like the dotcom bubble pop - IOW, just like the way everyone thinks it will pop.
- giancarlostoro 1y agoI guess I was too young during that bubble to really have it as a point of reference, is there a solid write up of it somewhere?
- lelanthran 1y agoI dunno; never looked. I worked through that, and when it popped I was, literally overnight, out of a job. Company owner (startup) met us at the door to the office, said sorry but investors pulled out (or something), gave us all a cheque for the current month salary, and we walked off. Luckily I got hired at a non-dotcom (not web-based) business after about a month. In spite of maybe 90% of the dot-coms folding, some still stayed around (Amazon, Google, etc). When the bubble pops, some hang on.