The next bubble to burst

I gotta remember this. The tech start up bubble is going to burst. There are so many companies getting money at insane valuations, 10+ Billion valuation for snap chat. These companies can only survive on losses due to investor infusion of money. So when investor money dries up, the company will go under too.

So the key is to target companies with recurring losses and projected losses backed by investors who don’t have a deep pocket when credit becomes more scarce.

I guess a company with users, like snapchat, is better than a startup with 0 users making no money.

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