this post was submitted on 01 May 2024
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I second this.
The problem is that investors are no longer tolerant of 'We made money, here is some money you get for doing nothing'.
They demand 'We made more money than last year! And not only did they money go up, it went up more than the last time it went up! And next year, we expect it to go up again, and go up faster than it went up this year! And go up more and faster each year until our product is the primary commodity of all people, at which point we'll create new life and make that our emerging market.'
Nothing is enough for these people.
Most people hear " bubble" and think "oof, that's not a good thing."
Capitalists (the ones with the actual capital) hear the same thing and think "just imagine how rich I'll be if I get out right before it pops! Blow more hot air into it! Quickly!"
https://www.decisionproblem.com/paperclips/