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A comment on Etsy stock has lost 76% of its value in 9 months. Parent comment
I think the difference is that Uber and AirBnB's valuation assumes continue, explosive growth over the next decade.
Uber could slow and still grow at a decent rate and the valuation would plummet.
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I think the difference is that Uber and AirBnB's valuation assumes continue, explosive growth over the next decade.
Uber could slow and still grow at a decent rate and the valuation would plummet.