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Re:Etsy stock has lost 76% of its value in 9 months by SEJeff on Friday January 15, 2016 @04:57PM (#10912469)
This is just the market reflecting reality. Most of the "unicorns" aren't actually worth the billion or so dollars their valuations are at. They don't generate enough of really anything that is worth the silly valuations they get. This is why free markets are a good thing. They eventually correct themselves.
Re:Etsy stock has lost 76% of its value in 9 months by PopsiclePete on Friday January 15, 2016 @05:04PM (#10912540)
Exactly. I honestly don't see the problem. Some VC lost a bunch of money? Oh well!
Re:Etsy stock has lost 76% of its value in 9 months by danieltillett on Friday January 15, 2016 @05:17PM (#10912634)
No the limited partners lost some money. Guess who they happen to be?
Re:Etsy stock has lost 76% of its value in 9 months by mikeg8 on Friday January 15, 2016 @06:15PM (#10913008)
So what? As an LP, they made the choice to let someone else actively manage their money. Part of the risk/reward trade-off when using VC as an investment vehicle.
Re:Etsy stock has lost 76% of its value in 9 months by danieltillett on Friday January 15, 2016 @06:22PM (#10913056)
I am just pointing out who is losing the money. The fact that a large amount of this money is coming from pension funds trying to hit totally unrealistic returns in a zero interest environment is just an unfortunately coincidence.