Last Time It Was This Crazy, the Stock Market Crashed

#1

Post by dsirijus » Tue, Oct 14, 2014, 7:29 AM UTC

Last Time It Was This Crazy, the Stock Market Crashed
wolfstreet.com

Re: Last Time It Was This Crazy, the Stock Market Crashed

#2

Post by Netcob » Tue, Oct 14, 2014, 8:09 AM UTC

Or: the startup singularity is near!

Re: Last Time It Was This Crazy, the Stock Market Crashed

#3

Post by lotsofmangos » Tue, Oct 14, 2014, 8:19 AM UTC

Netcob wrote: post #2

Or: the startup singularity is near!

Is that where Jeff Dean suddenly acquihires the ability to use 100% of his brain and automates all the work for every single US corporation, making the rest of the population unemployed overnight, other than those lucky few who can grab jobs fetching Jeff coffee?

Re: Last Time It Was This Crazy, the Stock Market Crashed

#4

Post by eli_gottlieb » Tue, Oct 14, 2014, 8:39 AM UTC

So you're saying I'll soon be able to pick up a bunch of undervalued stocks?

Re: Last Time It Was This Crazy, the Stock Market Crashed

#5

Post by junto » Tue, Oct 14, 2014, 8:40 AM UTC

I've recently sold all my long term shareholdings on a similar gut feeling.

I wonder what will be the trigger that sets off the selling frenzy this time round?

Re: Last Time It Was This Crazy, the Stock Market Crashed

#6

Post by 1945 » Tue, Oct 14, 2014, 8:41 AM UTC

The market has the capacity to stay irrational. I would not start shorting after a 3-4% pullback..

Re: Last Time It Was This Crazy, the Stock Market Crashed

#7

Post by marcus_holmes » Tue, Oct 14, 2014, 8:42 AM UTC

I remember the dot-com bubble and how it all went really bad really quick.

I still haven't heard any convincing reason why "this time it's different".

Re: Last Time It Was This Crazy, the Stock Market Crashed

#8

Post by Netcob » Tue, Oct 14, 2014, 8:44 AM UTC

lotsofmangos wrote: post #3

Netcob wrote: post #2

Or: the startup singularity is near!

Is that where Jeff Dean suddenly acquihires the ability to use 100% of his brain and automates all the work for every single US corporation, making the rest of the population unemployed overnight, other than those lucky few who can grab jobs fetching Jeff coffee?

Nah, that would be too much actual value. I think it's shortly after tweeting something like "poopr - have your BMs delivered to your friends with quadcopters every day for free" makes Facebook buy your twitter account for $25 billion.

Re: Last Time It Was This Crazy, the Stock Market Crashed

#9

Post by notastartup » Tue, Oct 14, 2014, 8:45 AM UTC

I'm very worried about the property bubble collapse in China that will happen in the near future. I'm seeing the same patterns. People from said country buying up expensive property overseas, people lose fortune when property bubble explodes. It happened with Japan (remember when Japanese yakuza were buying up property in West coast). It surely to happen with China (buying up property in west coast like crazy).

Re: Last Time It Was This Crazy, the Stock Market Crashed

#10

Post by forrestthewoods » Tue, Oct 14, 2014, 8:45 AM UTC

"A parabolic rise in start ups with valuations of $1 Billion or More" or "A linear rise in startup valuations on a logrithmic scale".

Amazing what happens in 10 years when worldwide smartphones go from a tens of millions a year (2004) to over a billion a year (2014). Apple has 130 billion in cash sitting overseas with nothing to spend it on. Microsoft has 90 billion. Google has at least 30 billion. Facebook has over 10 billion cash (domestic + foreign).

So yeah. Startups are going to be valued at over a billion. Because there are more than a couple of potential buyers who can spend that in cash.

My rule of thumb is that if you can get 100,000,000 users you can sell for $1,000,000,000. You don't even need revenue! Crazy, but that is a shit load of users. How many 2000 dotcom companies had a hundred million users? Hell did even Google have a hundred million users back then?