The Tech Bubble of 2019youtube.com 8 pointsthrowaway82916 years ago3 commentsSaveHideCopy link On HNComments−david9276ySometimes the best place for your shipping boat is not out at sea making money but moored in the harbor staying safe.−throwaway8291OP6yTL;DR: 80% of software companies which IPO do not make profit (higher than in 1999), too much cheap capital has distorted the market.−david9276yIt's worse than that, though...
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Sometimes the best place for your shipping boat is not out at sea making money but moored in the harbor staying safe.
TL;DR: 80% of software companies which IPO do not make profit (higher than in 1999), too much cheap capital has distorted the market.
It's worse than that, though...