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As the WSJ adds, if Snap’s IPO goes well, it will likely encourage other tech startups to move forward with their own public offerings. As of January, there were more than 150 technology companies valued at $1 billion or more by venture-capital firms, according to The Wall Street Journal and Dow Jones Venture Source.
Many, if not all, of these companies will be hoping to piggyback on the recent surge in retail investor animal spirits.
They didn't delete your pix, they deleted your ability to ACCESS them. The only consolation to this incredible insanity is that if it were a Chinese company offered on the Chinese exchange, it would be bid up in price 300% per day from an offering price that was 30x more.
But they are still there, waiting for the right moment. The dot-com bubble (also known as the dot-com boom, the tech bubble, the Internet bubble, the dot-com collapse, and the information technology bubble was a historic speculative bubble covering roughly 1995–2001 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the Internet sector and related fields.
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