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Pretty much: > Editor’s note: Bill Maris is president and managing partner at Google Ventures. Hold onto your wallet. Wall Streeters are moving to tech[1], a
by username223 12y ago
Pretty much:
> Editor’s note: Bill Maris is president and managing partner at Google Ventures.
Hold onto your wallet. Wall Streeters are moving to tech[1], as are retirement fund managers[2]. Bubbles only work as long as the Smart Money can profit by selling to more fools.
[1] http://www.nytimes.com/2015/03/25/technology/ruth-porat-google-morgan-stanley.html http://www.nytimes.com/2015/03/25/technology/ruth-porat-goog...
[2] http://bits.blogs.nytimes.com/2015/03/23/daily-report-private-tech-stocks-attracting-billions-from-big-money-managers/ http://bits.blogs.nytimes.com/2015/03/23/daily-report-privat...
- vskarine 12y agoSilicon Valley is the new Wall Street
- adventured 12y agoAnd before it was the new Wall Street in 2015, it was once before the new Wall Street circa 1999, the Frank Quattrone era.
- rayiner 12y agoWhere do you think the money for VC funds historically came from? It's probably less Wall Street these days now that there is so much home-grown cash (Google Ventures being an example).