Obligatory “Are we in a tech bubble?”
Slack market cap - 18bn on 400mil revenue Shopify markte cap - 36bn on 1.2bn revenue Atlassian market cap - 34bn on 1.1bn revenue Twilio market cap - 18.3bn on 754m revenue Twitter is cheap with 29 bn on 3bn revenue
How is it even attributable to him?
If he loses, you'll get a Democratic tax nut. Took out a loan? Will pay it back Healthcare for aliens? We got that covered Limiting the number of aliens with a border? We'll kill the border, and pay to improve the living conditions of other countries in America so they won't need to come to the US. Tax money is the solution, I can do this all day. Reparations based on the amount of melanin in your skin? We'll fix it with SWEET MONEY. Don't you know how easy it is to find money? Burger flipper can't afford to rent without roommates? We'll fix that by making your boss pay you WAY more. Easy. Your building not insulated enough? GND says we'll just rebuild it. All good. Debt is climbing? Taxes make it easy, or print money.. either way, it's simple.
Some stocks are traded on future growth and market cap has factored that in.. that doesn’t mean there’s no bubble. Just wait till recession hits..
I'm happy with my Ford and Starbucks purchases during the last recession. I bought Ford at just over $2/share even though we all knew a government bailout was coming from Obama. Little risk and beautiful reward.
Fitbit: 1bn market cap on 1.5bn revenue 🤷♂️
Trickle down economics via Discount coupons and promo codes.
What does trickle down economics mean?
@getAway -- The fallacious assumption that reducing the amount of government action on businesses will allow for businesses to use money, that would have otherwise been taxed, for increased business stimulation. It is assuming that CEO's will be nice™ and not pay themselves, and their board members, huge bonuses.
Market caps are based on expected figure values. The first several companies are growing quickly hence the large valuations. Twitters growth had been flat for many years. Growth company valuations aren't based on revenue or profit.
Look at revenue growth and ROIC to get a more complete picture. Solely comparing market cap against revenue can be misleading.
Companies are basically required by law to use Atlassian if they do any development so can't call them a bubble!
15x revenue seems reasonable Anything over 30x is not
Seems like it
It is! See 💬💭🗨️