Tag

public markets

Book: Flash Boys: A Wall Street Revolt

A cliche I’ve heard many times is “Wall Street Always Wins.” The first week of 2016 in the public markets has been an entertaining reminder of this. In 1998, when I started ending up with lots of shares in public Internet companies, I came up with a formulaic approach for any public equities that are…

The Great Internet Stock Correction of 1997, or 1999, or …

Yesterday I read Kara Swisher’s post What Does the Recent Tech Stock Downturn Mean? The Truth Is Nobody Knows. It’s great. Go read it – I’ll wait for you. In the last two weeks there’s been a flurry of articles about the implications of a 25% decline in the public market value of a bunch of Internet…