Dreams All the Way Up
"Age of Miracles"
00:00
The Market Caps of the Fame Companies
Companies are being valued on a rough probability that they can become as big as the biggest companies, which are themselves more valuable than ever before. The fed is printing money and providing a back stop that makes risky assets less risky. Investors are turning to equities and alternative assets, including venture for yield. Start up in non-famge tech companies still undervalue compared to smaller start ups 10 years ago.
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