Re:When Everything That Counts Can’t Be Counted
by sfsfsf6666 on Monday June 17, 2019 @10:39AM
(#20203425)
Right, but that's not the points that the article made. Article's author proposed that THE reason, (not A reason) for airbnb's high value is because cheap money makes non-physical assets expensive. You're explanation was that cheap money makes for "big bets", and stocks can price the future in.
Your answer is good. I agree. The stock market is Vegas. The stock market fueled by cheap money, is Vegas times a billion.
I find the article lacking. And I'm being polite.
I think smart money in Uber recognizes their position as a gamble.
Regularly you hear about hundreds of millions being poured into companies like Uber and self driving tech companies. At least one of those companies is going to win big, and investors don't want to miss out.