Re:Paul Graham's Letter to YC Companies
by lachlanj on Wednesday June 06, 2012 @12:55AM
(#4072476)
It's these kind of forward projections that cause booms and busts, ie. people assuming that housing prices will increase at a steady/regular rate over time. Just as we saw that this doesn't happen in a steady way, nor will facebook steadily decline over the next 3 months.
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