2 ms·
Everything is good except for SOX, what he proposes would just lead to another internet bubble
by vaksel 18y ago
Everything is good except for SOX, what he proposes would just lead to another internet bubble
- time_management 18y ago"Another internet bubble" would probably be less damaging than the flattening of the IPO market, which has decimated venture capital. When something that is essential for subsistence experiences a bubble (e.g. food, housing) it causes an incredible amount of pain, as we've seen in the past decade. Stock bubbles are, in comparison, harmless. Some people get hurt badly, and some make huge gains, but they aren't so ruinous that one should make huge sacrifices in order to avoid them.