Re:Tech Unicorns Are Going Public at Near-Record Pace
by learc83 on Wednesday December 19, 2018 @01:38PM
(#18718074)
VCs have been saying that for years. It won't always be this way, and we will almost certainly will have a recession in the "near future", but whether that's 10 weeks or 10 years away is the real question.
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Re:Tech Unicorns Are Going Public at Near-Record Pace
by AchieveLife on Wednesday December 19, 2018 @03:09PM
(#18719066)
I'm not so much concerned about when it will happen rather the inflated attitude expressed by the VC about money.
like a child playing with fire.
Re:Tech Unicorns Are Going Public at Near-Record Pace
by stickfigure on Thursday December 20, 2018 @02:13AM
(#18723053)
It's kind of their job, no? You wouldn't expect to hear a VC say "Hey, here's a term sheet, but no rush - get back to us when you feel like it, there's always plenty of money later."
"Recession is just around the corner" is VC-speak for "Offer available while supplies last! Hurry, operators are standing by!"
That doesn't mean it isn't true, of course.
Re:Tech Unicorns Are Going Public at Near-Record Pace
by AchieveLife on Thursday December 20, 2018 @03:18PM
(#18728711)
This reminds me of the Mortgage Broker Scene in The Big Short where they interview two brokers. It's their job yet they are contributing in spite of consequences.