Re:Ask HN: FAANG employees, how are the recent stock decline...
by dunpeal on Tuesday October 30, 2018 @12:23PM
(#18338318)
That's a good comment. The best case scenario for tech employees is that this is just a temporary correction, and the bull market will resume after this short break.
This seems to be the implicit assumption in GP, for example.
However, there's no certainty that will be the case. The next few years could be a sustained bear market, in which stock prices appreciate very modestly.
And while I wouldn't worry about stocks "going to 0" at a big corporation like Amazon, it's certainly possible for the smaller tech companies.
This seems to be the implicit assumption in GP, for example.
However, there's no certainty that will be the case. The next few years could be a sustained bear market, in which stock prices appreciate very modestly.
And while I wouldn't worry about stocks "going to 0" at a big corporation like Amazon, it's certainly possible for the smaller tech companies.