Mark Cuban on Why This Tech Bubble is Worse Than the Tech Bubble of 2000
- Thread starter blakpacman
- Start date
The amount of ass kissing in the comment section is disgusting.
Remember what people were getting for domain names?
Friendster could have sold for the equivalent of $1 billion of google stock today.
Now Friendster is worthless. Founder Abrams didn't pull a Cuban. Close, but no Cuban cigar.
http://mashable.com/2014/02/03/jonathan-abrams-friendster-facebook/
As I said, I like Cuban. He was smart enough to recognize that sometimes you are just lucky and you shouldn't push your luck. He cashed out on the top...
But he does have a point, we still have a bubble of some kind, when it goes to certain stocks and anything application related. Why AMZN and TSLA are in 3 digits is beyond me...
But he does have a point, we still have a bubble of some kind, when it goes to certain stocks and anything application related. Why AMZN and TSLA are in 3 digits is beyond me...
The entire app and social networking industry from silicon valley to San Francisco is all BUBBLE, maybe a handful of people will say its a bubble, I say its a bubble and I have been saying that for quite some time now, Im surprised it took Mark Cuban to say just that to get people to take notice, if you don't think its a bubble you're a fool!
whatsapp $20,000,000,000,
uber valued at $40,000,000,000
snapchat worth over $10,000,000,000
tinder $1,000,000,000
shazaam $1,000,000,000
instagram $35,000,000,000
tango $1,500,000,000
slack $1,100,000,000
wework $5,000,000,000
pinterest $11,000,000,000
airbnb $20,000,000,000
Ill add more to this list soon.....
whatsapp $20,000,000,000,
uber valued at $40,000,000,000
snapchat worth over $10,000,000,000
tinder $1,000,000,000
shazaam $1,000,000,000
instagram $35,000,000,000
tango $1,500,000,000
slack $1,100,000,000
wework $5,000,000,000
pinterest $11,000,000,000
airbnb $20,000,000,000
Ill add more to this list soon.....
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