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A comment on Tech bubbles are bursting all over the place. Parent comment

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

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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.
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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.
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