Matt Rosoff scrive: The long-awaited tech correction is here (Business Insider).
Just this week:
Tableau, a hot “big data” company that went public in 2013, lost half of its value Friday after a disappointing earnings report featured slowing growth and lower-than-expected guidance — even though it beat on earnings.
LinkedIn, the social network for professional connections, lost 44% of its value on Friday after similarly disappointing guidance, erasing $10 billion in value.
Startups are laying people off left and right, and jettisoning failing parts of their businesses as they refocus.
Investor Mark Suster gave an alarming presentation where he showed that contributions from limited partners — the big investors who give their money to VCs to invest in startups — are back to pre-recession levels. Nearly all VCs expect company valuations to drop, and one-third expect “significant” price corrections.
La bolla attuale – se esiste – è diversa da quella del 1998-2000 perché oggi le compagnie internettiane hanno un modello di business, grazie al fatto che oggi gli utenti sono miliardi. Ma un’attenzione al rapporto prezzo/utili prima o poi è necessaria. La Apple è sotto il 10, considerato tradizionalmente un numero “normale”. Uber, in perdita, ha ovviamente un rapporto prezzo/utili infinito.
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