Re:Lyft prices IPO at top of range
by icelancer on Friday March 29, 2019 @08:48AM
(#19521128)
> This reminds me of the bitcoin market.
This is way more like the status quo of private equity. A bunch of people throwing money at negative cashflow businesses. I wonder if this period of time in history will be looked at as ridiculous.
Another poster in this chain made a good point, however - due to very low taxes, people have a lot of cash and there is just finite opportunity currently.
This is way more like the status quo of private equity. A bunch of people throwing money at negative cashflow businesses. I wonder if this period of time in history will be looked at as ridiculous.
Another poster in this chain made a good point, however - due to very low taxes, people have a lot of cash and there is just finite opportunity currently.