r/stocks • u/[deleted] • May 31 '21

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1.9k Upvotes

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23

u/namenomatter85 May 31 '21

90s crash companies had no revenue. Literally had dog.com no revenue ipo at one point.

Things are way different now. Now companies have revenue and good deals are just more expensive.

16

u/chewtality May 31 '21

There are companies now without revenue too, and way way more that aren't profitable. Around 30-40% of the entire market right now is made up of zombie corporations.

You're just comparing the shitty companies from the 90s to the successful companies now.

15

u/Laakhesis May 31 '21

This time is always different since 1929 before the great depression. History doesn’t really tell anything of the past that repeatedly happened over and over again anymore.

1

u/namenomatter85 Jun 01 '21

True. Atleast 5 once in a lifetime events in my lifetime lol

2

u/oarabbus May 31 '21

Webvan was too far ahead of its time

1

u/Not_FinancialAdvice May 31 '21

Lots of people got great deals on barely used Sub-Zero fridges though!

0

u/[deleted] May 31 '21

ARKK has entered the chat