WeWork's valuations have also seemed strange to me, when they don't have any assets of infrastructure to warrant such a high value. There's very little stopping others renting office space, in fact a friend of mine has done just that.
WeWork's valuations have also seemed strange to me, when they don't have any assets of infrastructure to warrant such a high value. There's very little stopping others renting office space, in fact a friend of mine has done just that.
How much are you investing on your suredness that there's a bubble? Because if you did it in 2012, you'd be down about 70% right now.
And yes you’d have mostly been wrong about the Facebooks of the world.
The current generation of money-losing startups is a lot more problematic. And some of the questionable IPOs have already fared pretty badly.
I’d also argue though that I’m not sure most of these companies matter much in the scheme of the larger economy. And probably not even the tech sector relative to the big employers.