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Maybe this is just the efficient market hypothesis at work - everyone has (thinks they have?) figured out the signals that lead to success? In any case, I wond
by eldavido 12y ago
Maybe this is just the efficient market hypothesis at work - everyone has (thinks they have?) figured out the signals that lead to success?
In any case, I wonder how companies with such massive escalation in their valuation will hire and raise subsequent funding. It really makes me wonder, you look at companies like Uber with $xx billion valuations, what's left for someone who joins now as an employee or investor?
- vinceguidry 12y ago> It really makes me wonder, you look at companies like Uber with $xx billion valuations, what's left for someone who joins now as an employee or investor? That's always been the case. The opportunity for outsized gains in any risky venture is at the beginning where the risk is the greatest. Where there's no risk, there's no opportunity.