There’s an asset bubble on early stage, new category companies.
Thus, lower risk adjusted returns and the need for people to gamble.
Most of FANG, Mag7 whatever, gave people years of entry / opportunity.
Now we have barely proven ideas launching at absurd vals.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
There’s an asset bubble on early stage, new category companies.
Thus, lower risk adjusted returns and the need for people to gamble.
Most of FANG, Mag7 whatever, gave people years of entry / opportunity.
Now we have barely proven ideas launching at absurd vals.