I think it will pop but not in the way everyone thinks it will pop. There's plenty that's not going to go away / anywhere, but I'm sure lots of startups will fail and close their doors.
I think it will pop but not in the way everyone thinks it will pop. There's plenty that's not going to go away / anywhere, but I'm sure lots of startups will fail and close their doors.
What way do you envision it popping? Nvidia has tons of investments on their books in smaller companies. If a couple of them start showing poor earnings, it could cause a death spiral for NVDA because 1) their investment just tanked, and 2) those companies are no longer buying chips from them therefore reducing revenue.
Nvidia also makes up ~7% of the S&P 500 so if their stock price falls substantially, that's a big chunk of capital just... gone for a lot of people.
> I think it will pop but not in the way everyone thinks it will pop.
Everyone thinks it will pop the way the dotcom bubble popped
> There's plenty that's not going to go away / anywhere, but I'm sure lots of startups will fail and close their doors.
Just like the dotcom bubble pop - IOW, just like the way everyone thinks it will pop.
I guess I was too young during that bubble to really have it as a point of reference, is there a solid write up of it somewhere?
I dunno; never looked. I worked through that, and when it popped I was, literally overnight, out of a job.
Company owner (startup) met us at the door to the office, said sorry but investors pulled out (or something), gave us all a cheque for the current month salary, and we walked off.
Luckily I got hired at a non-dotcom (not web-based) business after about a month.
In spite of maybe 90% of the dot-coms folding, some still stayed around (Amazon, Google, etc).
When the bubble pops, some hang on.