Will the Fed Force a Stock Sell-Off? with Dave Mazza
Real Vision: Finance & Investing
00:00
The Rise of Pro Cyclic Companies
I've become more bearish on non profitable tech and companies without profits, right? All of our earn it, you have to believe that you're going to hold your nose and buy at whatever multiple they're trading at because they're going to change the world. We know VC has pulled back from that public equity, simple back from that. But that means that the money that wants to get put to work has moved into things that are more sure from a revenue standpoint.
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