December 15th, 2015

Will A Barrage Of Tech Unicorn IPOs Mark The Top?

Back in the tech bubble of the 1998-2000 era investors were left holding the bag because they paid up mightily for small, fast-growing companies that were losing money but promising dominant long-term businesses based on fast growing end markets. Paying 15 or 20 times annual revenue became the norm because earnings were negligible. Sell side … Continue reading "Will A Barrage Of Tech Unicorn IPOs Mark The Top?"
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