> People outside our bubble don't care
This time, it feels flipped. My Silicon Valley circles repeat that this will blow over in a week. Outside that bubble, wheels are turning for the first time (to my recollection).
This time, it feels flipped. My Silicon Valley circles repeat that this will blow over in a week. Outside that bubble, wheels are turning for the first time (to my recollection).
I believe that Zuckerberg will patch-up this mess (for now) and the investors just managed to buy something for 10% cheaper. There is a rule in forex trading: most events' results last 4 days. Perhaps for FB it will last a bit more. But when it comes to stock that's a different game. FB can make the comeback of this 10% in a couple months (tops) and continue being profitable.
Check stock price since 2013. FB stock definitely to continue performing similarly.
[1]: https://www.tradingview.com/chart/FB/r2H0bemr-FB-Facebook-Li...
For lack of a better term the New York bubble vs the Bay Area bubble.
Big bubble.