Reply to post: Here here

SEC chair blasts Silicon Valley for its hokey valuations

Crazy Operations Guy Silver badge

Here here

Finally, someone with authority that thinks these companies aren't worth nearly what people say. I get tired of bullshit like how Instagram was somehow worth a billion dollars despite not even in the same universe as profit. Then there are things like LinkedIn they were valued at $10 Billion but then crashed hard when investors realized they just pissed away all their cash...

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