Ask HN: Are we in the new dot-com bubble of crazy IPOs (2021 edition)?
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Web3 seems like it is just starting to gain initial traction though? I'm seeing DAO threads that are teaching the early masses what that's all about, and there's a TON of skepticism still.
So, remembering the Web 2.0 and 1.0 skepticism as being part of the buildup, and looking at $SPY potentially forming a bull pennant on the weekly chart through early 2022, it could turn into a hot Web3 growth tech summer...
So, remembering the Web 2.0 and 1.0 skepticism as being part of the buildup, and looking at $SPY potentially forming a bull pennant on the weekly chart through early 2022, it could turn into a hot Web3 growth tech summer...
Maybe crash isn't the word. Hundreds enter the room, ten come out, three are huge. Quid games, no ess necessary
- HashiCorp
- GitLab
- Transferwise (now Wise)
- Reddit
- Udemy
- Duolingo
- Couchbase
- UiPath
- Coinbase
- Coursera
- DigitalOcean
- Roblox
and also > 1000 lesser known companies (or at least, lesser known to engineering community). There were 480 IPOs in 2020, 232 in 2019.
This makes me think: are we about to see the 2000s bubble crash soon or it's different this time?