Re:Tech bubbles are bursting all over the place
by mirceal on Friday May 13, 2022 @01:52PM
(#31370576)
Lol. Tesla would like a word
[ Parent
| on HN ]
Re:Tech bubbles are bursting all over the place
by FredPret on Friday May 13, 2022 @02:03PM
(#31370727)
>unless there is reason to expect burgeoning profits
>25 makes sense for a startup with potential for explosive growth, not for an established company
Re:Tech bubbles are bursting all over the place
by peyton on Friday May 13, 2022 @02:23PM
(#31370932)
They are monopolies/oligopolies with pricing power. That is the reason.
Re:Tech bubbles are bursting all over the place
by FredPret on Friday May 13, 2022 @04:06PM
(#31372013)
Fair, but they are vulnerable to having the rug innovated from out under them like the holy-grail-of-investment railroad companies of yore. I wouldn't bet my retirement on the current crop of big tech companies lasting 20-30 years.