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by junkscience2017 3089 days ago
but in the first .com bubble, companies lived and died only on their stock activity. these days, the winners have enough cash piled up that a recession would actually be welcome; it would allow them to buy companies and employees on the cheap, and many of their flimsy competitors would fold.

if you think Apple, Google and Facebook dominate now, wait until the next recession. can your company laugh off losing half it's market cap temporarily? they can

1 comments

Apple, Google and Facebook are not the issue dude. All the companies that have yet to really be profitable are. Come on, that's obvious. Of course those companies which have cash on hand would be fine.