Hacker News new | ask | show | jobs
by dmichulke 3192 days ago
My answer: Take a look at the dotcom bubble, adjust nasdaq marketcap for inflation (and maybe much more because of ZIRP) and there you have your target market cap.
1 comments

What's your reasoning behind this? When all the dumb money is in, it's time to get out?
Yes, the only question is when the dumb money is in. I guess dotcom is here a historical precedent.

Since we cannot really know, I will just use that number and gradually sell around it. Of course that might make me the dumb money but that's a risk I'm willing to take.