Eye-opening analysis of valuations from Uber to savvy tech start-ups. Of course we have been there before so not as if this is not without precedent.
As autonomous vehicles grab the limelight there are words of caution here. Even got one of my favourite places to work in- WeWork as potentially over-valued.
Have a read....
The bubble will not continue forever. Sectors that used to be super hot such, as cloud computing or mobile apps, are not disruptive anymore, and in a few years AI and automotive will also lose their shine. It will still take quite a few years for all these innovative companies to meet real infrastructure and cultural change, and the innovation industry is about to crunch. When that happens, consumers will realize they don’t need so many me-too products around them, and as the interest rates begin to rise again and VC vintages are over, we may see valuations turn the current game much more “interesting” — or perhaps even a much less friendly term.
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