161. Visions of Bubbles Dancing in My Head
This Machine Kills
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Tect Bubbles - What's the Worst?
The sound of bubbles popping can be heard all over the place. Even industry insiders tend to get these things spectacularly wrong. You'll see some dead unicorns this year. It is harder to say how loudly they will burst, and which might still reflate. The n d x t the index of the 100 largest tech firms on the nasdak exchange, is down by a third since peak in early november. Firms in this index have lost a compined two point eight trillion dollars in market value. High flying startups that went public in recent years have been hit hard too.
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