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by Volscio 4495 days ago
Money is a lot tighter in most other deals. It's nothing like the wild west of the dotcom era where companies were formed with little more than a mission statement and they'd get pumped up.

These types of financial articles are the worst because they are unable to accurately predict the future of new markets. They're the types of articles that you read a decade later and kind of pat on their head.

Skepticism of an industry is one thing, but most of the time that skepticism is not coming from any type of informed or even historically accurate perspective. It's just not understanding what the current market price of things is. Which is pretty dangerous for a newspaper article writer.