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Saudi investment in Uber: last stage of unicorn bubble

We've officially reached the last stage of the tech unicorn boom

  • We’ve officially reached the last stage of the tech unicorn boom
  • On Wednesday morning, the kingdom of Saudi Arabia invested $3.5 billion into Uber.
  • As the money continues to flow in, the unicorns will be able to buy more time.
  • It called to mind what an investor told me about a month ago when we were talking about the end of the current boom in Silicon Valley and what happens next .
  • This feels like the final stages of the current unicorn boom, like when your best friend who never invested in the stock market started buying dot-com stocks in early 2000.

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@jonathanroomer: “We’ve officially reached the last stage of the tech unicorn boom”


Caveat emptor = buyer beware.


Saudi investment in Uber: last stage of unicorn bubble

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