Tableau stock down almost 50% • Hacker News Board

Re: Tableau stock down almost 50%

#11

Post by headgasket » Fri, Feb 05, 2016, 5:23 PM UTC

Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-)

Keep plugging at building great software that actually helps make this a better place. Charge for it so you can survive this downturn. It's a cycle, this will weed out the nonsense.

Re: Tableau stock down almost 50%

#12

Post by ap22213 » Fri, Feb 05, 2016, 5:25 PM UTC

Could it also be affected by the Amazon QuickSight preview that is going live?

Re: Tableau stock down almost 50%

#13

Post by sideband » Fri, Feb 05, 2016, 5:26 PM UTC

jetcata wrote: post #7

Atlassian is currently down 23%.

Splunk is down about the same today as well: http://www.google.com/finance?q=NASDAQ%3ASPLK

Re: Tableau stock down almost 50%

#14

Post by bkeroack » Fri, Feb 05, 2016, 5:29 PM UTC

headgasket wrote: post #11

Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…

> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions.

You're not a VC if your money is in publicly-traded firms.

Re: Tableau stock down almost 50%

#15

Post by pinaceae » Fri, Feb 05, 2016, 5:32 PM UTC

ap22213 wrote: post #10

pinaceae wrote: post #5

huge corrections under way, guarantee this is not the end, just the beginning. unicorn slaughter. upside: expect house prices in the SF bay area to become more affordable.

Doubtful - if global investors aren't putting their money into stocks, they'll just continue to buy up real estate.

Once you take the crazy money out of the equation, the SF Bay Area is not that appealing as a pure real estate play.

Re: Tableau stock down almost 50%

#16

Post by pbreit » Fri, Feb 05, 2016, 5:34 PM UTC

bkeroack wrote: post #14

headgasket wrote: post #11

Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…

> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. You're not a VC if your money is in publicly-traded firms.

VCs do not liquidate immediately at the IPO or even upon lock-up expiration. But I would agree that this downward pressure is not VC-driven.

Re: Tableau stock down almost 50%

#17

Post by Kluny » Fri, Feb 05, 2016, 5:35 PM UTC

bkeroack wrote: post #14

headgasket wrote: post #11

Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…

> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. You're not a VC if your money is in publicly-traded firms.

Or maybe, this is a crazy idea, some VCs have diversified portfolios that include public stocks.

Re: Tableau stock down almost 50%

#18

Post by headgasket » Fri, Feb 05, 2016, 5:35 PM UTC

bkeroack wrote: post #14

headgasket wrote: post #11

Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…

> Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. You're not a VC if your money is in publicly-traded firms.

Did you think that as soon as a company goes public, VCs get to sell all their stocks?

Re: Tableau stock down almost 50%

#19

Post by 9tx » Fri, Feb 05, 2016, 5:38 PM UTC

pinaceae wrote: post #15

ap22213 wrote: post #10

Earlier quoted context omitted.

Doubtful - if global investors aren't putting their money into stocks, they'll just continue to buy up real estate.

Once you take the crazy money out of the equation, the SF Bay Area is not that appealing as a pure real estate play.

Whys that? Year round awesome weather not good enough?

Re: Tableau stock down almost 50%

#20

Post by jscheel » Fri, Feb 05, 2016, 5:39 PM UTC

headgasket wrote: post #11

Linkedin is down 38%. Tesla is down quite a bit. My guess is that some VCs were leveraged and had to liquidate positions. Free money from leverage does not look as good when equities go down... I think we are heading for a most violent year on the markets. Pharma and biothechs will most likely be the only bright spots, especially anti-anxiety drugs... :-) Keep plugging at building great software that actually helps m…

A lot of biotech has been taking a beating so far this year. It's been brutal for the short-term.