Drinking from the Firehose #138: 🔝 Index bubble. 🔝
www.firehose.vc
Bubbles are a frequent topic of conversation in Silicon Valley. The discussion usually focuses on individual companies whose last round price seems to be inflated relative to fundamental value (e.g. WeWork), or whole sectors that seem to be trading at inflated multiples relative to recent comps history (e.g. recent bottoms-up SaaS IPO's).
Drinking from the Firehose #138: 🔝 Index bubble. 🔝
Drinking from the Firehose #138: 🔝 Index…
Drinking from the Firehose #138: 🔝 Index bubble. 🔝
Bubbles are a frequent topic of conversation in Silicon Valley. The discussion usually focuses on individual companies whose last round price seems to be inflated relative to fundamental value (e.g. WeWork), or whole sectors that seem to be trading at inflated multiples relative to recent comps history (e.g. recent bottoms-up SaaS IPO's).