HACKER Q&A
📣 ribtoks

Are we in the new dot-com bubble of crazy IPOs (2021 edition)?


Accordingly to some public data, in 2021 we have enoumeous number of IPOs, including such companies as:

- HashiCorp

- GitLab

- Transferwise (now Wise)

- Reddit

- Udemy

- Duolingo

- Couchbase

- UiPath

- Coinbase

- Coursera

- DigitalOcean

- Roblox

and also > 1000 lesser known companies (or at least, lesser known to engineering community). There were 480 IPOs in 2020, 232 in 2019.

This makes me think: are we about to see the 2000s bubble crash soon or it's different this time?

  👤 themodelplumber Accepted Answer ✓
Web3 seems like it is just starting to gain initial traction though? I'm seeing DAO threads that are teaching the early masses what that's all about, and there's a TON of skepticism still.

So, remembering the Web 2.0 and 1.0 skepticism as being part of the buildup, and looking at $SPY potentially forming a bull pennant on the weekly chart through early 2022, it could turn into a hot Web3 growth tech summer...

👤 ggm
Maybe crash isn't the word. Hundreds enter the room, ten come out, three are huge. Quid games, no ess necessary