Interesting. One can argue that equity valuations are too high but these firms should be able to survive a downturn. They have profits and are not too dependent on other startups as customers. This is a big departure from 2000. Most of the 11 listed could survive years with a depressed NASDAQ even if IPOs dry up.
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Interesting. One can argue that equity valuations are too high but these firms should be able to survive a downturn. They have profits and are not too dependent on other startups as customers. This is a big departure from 2000. Most of the 11 listed could survive years with a depressed NASDAQ even if IPOs dry up.