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$5 submissions 12-23-2014 03:57 PM

You know you're living in a BUBBLE ECONOMY when...
 
Your idea isn't even proven yet but VCs let you pocket millions... Why Startup Founders Are Getting Rich Earlier Than Ever | Inc.com

Do you guys think the DJIA will hit 20K or are we at the cusp of DotBust 2.0?

DamageX 12-23-2014 04:16 PM

Money is cheap. Thank the FED.

RummyBoy 12-23-2014 06:31 PM

Sooner or later the whole thing just blows up.........

My guess in the next 5 years but until then, expect a higher degree of envy :1orglaugh

TheSquealer 12-23-2014 08:07 PM

I know you're wrong because Obama has been telling me for 6 years that George Bush fucked everything up and he and only he made it all better.

mineistaken 12-23-2014 08:22 PM

Quote:

Originally Posted by TheSquealer (Post 20336392)
I know you're wrong because Obama has been telling me for 6 years that George Bush fucked everything up and he and only he made it all better.

Hussein is a messiah :thumbsup

mineistaken 12-23-2014 08:25 PM

And yeah it is a huge bubble, somebody makes questionable app without any real monetizing possibilities and even without not much use to the users and still gets some funding.
It looks like those "startupers" launch sites/apps just for the sake of launching and inventing (pretending there is one) the "need" for that..
Not talking about all, but you probably noticed some like that...

bronco67 12-23-2014 09:06 PM

It's like there's a whole new generation of idiots to create a new tech bubble and break it.

RummyBoy 12-23-2014 10:18 PM

Quote:

Originally Posted by bronco67 (Post 20336454)
It's like there's a whole new generation of idiots to create a new tech bubble and break it.

It's not just USA startups, its all finding its way into African, Indian, Chinese and other EM startups...

The Fed is heading for another catastrophe - MarketWatch

HandballJim 12-23-2014 10:33 PM

Quote:

Originally Posted by $5 submissions (Post 20336182)
Your idea isn't even proven yet but VCs let you pocket millions... Why Startup Founders Are Getting Rich Earlier Than Ever | Inc.com

Do you guys think the DJIA will hit 20K or are we at the cusp of DotBust 2.0?

Money will keep flowing into tech, and the market has some room to run, but we will have corrections before hitting 20K. It should not matter unless you have your retirement money in the market (and worried) just park that money in a safe money market, and just play the market with some change...since you can make money whether an up or down market...so many opportunities every trading day.


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