It’s a little disconcerting to realize: a. How much of the economic growth in the US is happening inside of tech companies b. How little exposure the average person has to invest in those tech companies as IPOs remain rare
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Yeah. think tech is mature, good and predictable investments. That's positive thing. Good news here is there are other sectors that still IPO pre-revenue! Biotech you can frequently own shares of at very reasonable valuations @ IPO. The ones that work out have huge upside.
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