I wonder if all the high-profile tech acquisitions this year are a sign of an oncoming bear market, and we will see a temporary pause in rapid startup growth.
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Replying to @alicegoldfuss
It is much more likely due to the massive amounts of cash being brought onshore since the tax cut:https://www.cnbc.com/2018/09/10/chart-shows-surge-in-corporate-cash-brought-home-since-tax-cuts.html …
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Replying to @jbeda @alicegoldfuss
Not saying that there won't be a crash/recession/pull back. IMO, equities are super over valued but who knows when/how that'll land.
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Replying to @jbeda @alicegoldfuss
This chart shows that IBM had/has $25B offshore. Microsoft is at $143B. That is quite the piggy bank.
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Replying to @jbeda @alicegoldfuss
joe im gonna ask msft to buy me something nice
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I'm very expensive
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