Hacker News new | past | comments | ask | show | jobs | submit login

At some point, the balloon will get squeezed and all that money is going to rush elsewhere. I don't envy either part of the balloon.



But will it? The big lesson of 2009 was that ratings agencies aren't trustworthy and investment banks have no problem selling you junk investments.

The Dollar Shave Club looks like a prudent investment in comparison. Perhaps it's overvalued, but it's safe from outright fraud.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: