>MFW private equity, specifically, venture capital markets just crashed
>MFW it's now had a domino effect on public markets as VC's cash out watching 25% - 30% of their private companies hit 0 - as no one wants to buy them.
My face when I lost my job and my parents said I could stay with them again until I found a new one, back to the NEET lifestyle but with an education and job experience. Lets get comfy.
It's literally happening.
http://fortune.com/2015/11/12/fidelity-marks-down-tech-unicorns/
It was pretty cool how Fidelity was open about it. There's still some VC backed companies that are fulfilling their valuations, but that's probably 5% of this list.
>>1080775
It's looking like a blood bath and Wall St is trying to cover it up with "poor performance, premature product cancellation and difficulty scaling globally" which is a cop out.
There is no way a missed forecast, can justify such a large fall in the stock right. It's crazy.
>>1080778
I think the organization's outlooks are relatively weak, too. It was interesting seeing Tableau getting raped so hard with a forecast of 1,000 new employees in 2016. Tableau actually sells something that's beneficial compared to these other organizations that have a point solution.
It's about to get real rough in the tech world. Real fucking rough.
>>1080782
Yeah fucking aye, this presentation by Mark Suster is disturbing as well. Venture capitalists are preparing for a weak market, are they selling off their public positions as a way of keeping returns up? Who knows.
http://www.businessinsider.com/mark-susters-state-of-venture-capital-in-2016-2016-2
As far as Tableau goes, I haven't been watching the companies but shit. Wall St is starting to panic now.
>>1080771
>http://www.businessinsider.com/mark-susters-state-of-venture-capital-in-2016-2016-2
I-it's almost like.. if you hold a gun to investors heads as a central banker, and force them to seek yield in ridiculous prospects, it could destroy savings.
Keynesians BTFO.
>>1080791
ayylmao who would of guessed? amirite?
>>1080771
Come Monday morning, I'm selling my entire tech holdings. This is much worse than I thought. Imagine investing 56MM in a round only to find out next month, the market is dead and to cash out you accept 3MM?
>MARKET IS KILL, I REPEAT, MARKET (PRIVATE TECH) IS KILL