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The only way to underniably confirm its a bubble is if it "pops". Is snapchat worth 4 billion? Only when some buys it or it goes public. Till then its speculat
by rb2e 13y ago
The only way to underniably confirm its a bubble is if it "pops".
Is snapchat worth 4 billion? Only when some buys it or it goes public. Till then its speculation and we can be here till the "cows come home" debating if we are in a bubble.
I think the best people to ask are PG, Fred at AVC etc. The ones who do this for living who are making these decisions everyday and know the markets. I don't know enough to say for sure and wasn't here for the last bubble.
- DanBlake 13y agoExactly right. Anyone telling you it is or is not going one way is crazy. Im simply refuting that "its just like 2000" and showing some strength points.