Peter Thiel explains why tech startups have really high valuations (despite having no profits)

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Dissecting the Markets

Business


With the Nasdaq near all-time highs, the valuations of many tech companies are really high. Even with high unemployment and low economic activity, many tech companies that don't display profits are being valued a lot more than most established companies with solid profits and better balance sheets.  In this episode, you'll learn why investors value unprofitable tech startups a lot more than established tech businesses. The excerpts will come from the book Zero to One by Peter Thiel.  Meanwhile, check out our Pinterest Board   Twitter Page And subscribe to our Newsletter! *This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed nor registered financial expert. Please see a financial advisor before making investment decisions. --- Send in a voice message: https://anchor.fm/hardwoodtile/message Support this podcast: https://anchor.fm/hardwoodtile/support