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I 100% agree with you. Majority of companies in the private market will go to zero. The other problem is that today's so called "tech companies" have very litt
by tlogan 12y ago
I 100% agree with you. Majority of companies in the private market will go to zero.
The other problem is that today's so called "tech companies" have very little with tech. And, sadly, many companies including Evernote found out that hype pays more that actual working product. So they sell socks: why not? It gives them more revenue then Evernote subscription.
So there will be no new Oracle, new Cisco, new Sun in this bubble... Just bubble...
3rd in my life.... I hope will make money in next one.