The SillyCon Valley Ponzi Scheme has collapsed...Just the latest 0% money binge to end badly...
No money out = no money in. DropBox is locked out of IPO...
No money out = no money in. DropBox is locked out of IPO...
"Investment bankers caution that the San Francisco company might be unable to go public at $10 billion, much less deliver a big pop to recent investors and employees who hoped to strike it rich, according to people familiar with the matter...
Worse, some of the investors are already doing what is the #1 "verboten" anathema in the start up world: reducing their value on private investments before a company has gone public. Such as BlackRock, which led the $350 million deal that more than doubled Dropbox’s valuation, and has since cut its estimate of the company’s per-share value by 24%"
"The data suggest that even some of the most promising startups in Silicon Valley might be worth far less in the eyes of the rest of the investment world. The risk is that the lackluster reception for tech startups in the stock market could ricochet through companies that are still private."
IPO Mutual Fund
Tech wreck:
MobileIron
Care.com:
Box:
Coupons.com
