People go back and forth about global warming. . errrr. . climate change. Does it exist, doesn't it? My view is even if it doesn't exist, shouldn't we act like it is, just in case, so that if it really does exist, we can say we already mitigated the damage?
You should really act the same way with these bubble stories. Is there a bubble? Maybe there is, maybe there isn't. Either way, shouldn't you just plan like there's a bubble to protect yourself?
Snapchat is a great example. Although I can understand Snapchat's co-founder's altruistic view of life, in these time, you gotta take the money and get out while you can. If there is indeed a bubble, those billions will evaporate in a few minutes, never to come back again. At just think what other really cool stuff you could build several BILLION dollars. . . .
Much better to use actual data. Snapchat is one tiny company in a vast ocean, and trying to pretend that its behavior somehow means we're in a bubble is ridiculous.
It's not like those billions will disappear. Selling Snapchat doesn't generate a billion dollars - it just transfers a billion dollars from one party to another. Everything new that Snapchat's founder will be able to do is something that the old holder of dollars won't.
People go back and forth about global warming. . errrr. . climate change. Does it exist, doesn't it? My view is even if it doesn't exist, shouldn't we act like it is, just in case, so that if it really does exist, we can say we already mitigated the damage?
You should really act the same way with these bubble stories. Is there a bubble? Maybe there is, maybe there isn't. Either way, shouldn't you just plan like there's a bubble to protect yourself?
Snapchat is a great example. Although I can understand Snapchat's co-founder's altruistic view of life, in these time, you gotta take the money and get out while you can. If there is indeed a bubble, those billions will evaporate in a few minutes, never to come back again. At just think what other really cool stuff you could build several BILLION dollars. . . .