5 ms·
As a person who isn't in this space, why do you say that? Is it because of increasing competition or something to do with Braintree/Paypal?
by albertyw 13y ago
As a person who isn't in this space, why do you say that? Is it because of increasing competition or something to do with Braintree/Paypal?
- sgpl 13y agoObviously I can't speak for the OP, but here are three things I can think of: [1] Current Bull Market. (S&P500 is up 22.5% YTD) [2] Tech IPOs are hot atm. (see TWTR) [3] Lots of liquidity in the market courtesy of the Federal Reserve (Quantitative Easing) The general premise is that all bull markets must end at some point. Also the Federal Reserve will start tapering (the liquidity that it is providing to the market via quantitative easing) at some point in the near future. This might mean that the company has a short window to time its IPO to "grab money" at the high end of its valuation (given the current favorable market conditions). [1] http://www.investopedia.com/terms/b/bullmarket.asp http://www.investopedia.com/terms/b/bullmarket.asp [1] http://www.bloomberg.com/news/2013-11-04/best-stock-market-since-1997-seen-with-s-p-500-year-end-momentum.html http://www.bloomberg.com/news/2013-11-04/best-stock-market-s... [2] https://news.ycombinator.com/item?id=6690043 https://news.ycombinator.com/item?id=6690043 [3] https://en.wikipedia.org/wiki/Quantitative_easing https://en.wikipedia.org/wiki/Quantitative_easing