Now the banks are bailing out tech firms. My how things have changed this year.
Anyone still believe tech is impervious to business fundamentals? https://www.cnbc.com/2019/10/16/softbank-jp-morgan-to-submit-wework-bailout-proposals-in-coming-days.html
WeWork isn't a tech company
Same argument being made for Amazon. PE valuations are no where near the real of reality given your growth rate which is inconsistent with high valuation growth tech.
Lol a company with 40% of the cloud computing market isn't a tech company????
Title: "bailing out of tech firms..." Article is about one company WeWork and is not a tech company. What a BS post!
This post would have been unimaginable 60 days ago. Don’t be so myopic.
All these business articles about tech industry are disgustingly click-baity. Journalism is filled with low quality grads. I understand why they are stuck in journalism though, they cant even tell if WeScam is a tech company or not
Wonder why a 'real estate broker with tech valuation' is smug about this news... Maybe you should just go look at the mirror.
That’s you projecting your smugness on to me. This post was out of concern, which should be obvious given my employer. But then again, I’m speaking to someone that works at a tech dinosaur 🦕. Speaking of overvalued....
Bet that's why you hired your CTO from the "dinosaur"