4 ms·
I'm no expert, but I don't think so yet. At the minute it seems that pretty much all the money is coming from large, well financed entities - venture capital fi
by weavie 12y ago
I'm no expert, but I don't think so yet. At the minute it seems that pretty much all the money is coming from large, well financed entities - venture capital firms and large corporations such as facebook and google. These are large firms who are much not so much subject to emotional impulse and more focused on growth and the bottom line. They are playing a strategic game.
Very little of this is coming from an overly hyped up general populace. The NASDAQ is increasing, but it is a fairly slow steady increase compared to the other indices - nothing like the crazy rocketing we saw in 1999. There are few IPO's and they are mostly of relatively stable and profitable companies.