yet bond yields go up a small basis point and nasdaq wipes out gains from this year. The current loss leadership model works because of cheap capital. That's it. There's nothing genius about it. SaaS stocks are heavily inflated and were hit particularly hard with the recent correction. Double points if they bought bitcoins.
> tell me. please why a company that loses 40 cents for every dollar they spend should have double digit multiples. you have 1 hour to reply with a fully cited explanation justifying this level of exuberance in a low yield credit bubble driving up valuations while overall the industry has seen a net reduction in profitability.
so I dissed a YC company going public and it gets flagged. The censorship here is ridiculous and this place has turned into a creepy brogrammer pump & dump.
> tell me. please why a company that loses 40 cents for every dollar they spend should have double digit multiples. you have 1 hour to reply with a fully cited explanation justifying this level of exuberance in a low yield credit bubble driving up valuations while overall the industry has seen a net reduction in profitability.
so I dissed a YC company going public and it gets flagged. The censorship here is ridiculous and this place has turned into a creepy brogrammer pump & dump.