"Either way, when the chain ultimately ends, few, including Cuban, will feel terribly sorry for those left holding empty envelopes."
Except that lately it is usually the general public that is brought in, to help the investors no longer be the last in the chain. Maybe this will begin to happen with VC financing?
Along the lines of the quote I have read from several sources "when my barber and the shoe shine boy has a stock tip, it's time to get out."
I agree. In the 90's bubble the public got let in earlier. Now VCs and investment banks squeeze all the value out before the public finally can invest.
Except that lately it is usually the general public that is brought in, to help the investors no longer be the last in the chain. Maybe this will begin to happen with VC financing?
Along the lines of the quote I have read from several sources "when my barber and the shoe shine boy has a stock tip, it's time to get out."