There's no rhyme or reason to valuations these days, except herd behavior. Fantastic time to be a tech-company founder or anything in the VC space.
You are obviously a believer in the greater fool theory. What happens when the band stops playing?Everything is priced out of whack with insane valuations because of the fed. Simple as that.
You are obviously a believer in the greater fool theory. What happens when the band stops playing?
They have 22 million accounts, this company should have gone public years ago when they had only a couple of million accounts and when there wasn't many new investors who believed stocks only go u
Why sell stock at a lower valuation?
Time ran out to clarify my my thought. FYI there is a 60 minute time limit on ET to make changes .