Re:Credit Karma Has Raised $175M on a Valuation of $3.5B
by 001sky on Tuesday June 23, 2015 @02:46PM
(#9766794)
Its not a business cycle, really. The fed last week said the stock market will crash if they put interest rates much above zero. That is the definition of a bubble. A bubble is a mis-pricing of risk based on non-market force (irrational or otherwise) that will revert to equilibrium when given the chance.
But I am pessimistic about the hardware unicorns (fitbit, skullcandy, jawbone) as opposed to the app/website ones, so It's not like I am emphatically bullish about everything. http://greyenlightenment.com/billion-dollar-startup-club-pic...