Investors partying like it's 1999
All this seems eerily reminiscent of the late 1990s, when many companies went public without profits and traded at sky-high valuations. In fact, IPO activity has reached levels not seen since 2000, according to research from Renaissance Capital.
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Ok MOXC went nuts for a little bit after. Do you have a guess at what’s about to happen?
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From Airbnb to Tesla, it’s starting to feel like 1999 all over again. May end same way, Barron's s - mehabe.com/2020/12/12/fro
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Another bubble detector flashes red. Not since the height of the dot-com bubble two decades ago has - mehabe.com/2020/12/12/ano
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