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by throwaway1748 3033 days ago
Has investing in the stock market become democratized? Sure you could invest in Amazon at a low market cap back in the 90's, but what about Uber, Stripe, Dropbox, or any recent breakout 'unicorn'?

The privatization that has happened in financing high-growth startups is not great news for Joe Q Public

1 comments

The market has gone up 30% in just the last year, and that has nothing to do with high-growth startups.

Amazon has doubled in just the last two years. So did Netflix, Apple, etc., all long past their IPOs.

This was all available to John Q Public. Yet all I hear are complaints.

So, to paraphrase, the market in it's infinite generosity allows paupers to invest in stocks as well as billionaires?