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Crashing the Party in Silicon Valley

3 点作者 bakbak将近 14 年前

1 comment

ca136将近 14 年前
If there's a bubble, it's because idiots like this are dumping money into the system. Greenspan and Shiller call it irrational exuberance.<p>“We are not valuation-sensitive and the traditional community feels threatened.”<p>“We may be the dumbest guys in the room, but we’re opportunistic,” Mr. Mazzola said, adding that “Felix is Latin for ‘lucky.’ ”<p>The traditional community doesn't feel threatened by you, they're just smart enough to know that you're driving tech company prices way higher than true economic "value". Which, by definition, is a bubble.<p>Why do our politicians insist on making things harder for entrepreneurs (ex: immigration) while ignoring market failures caused by idiots like this?