“Tech is in a bubble. Get out while you can!”
We recently received this question from a reader:
“Matt & Wayne, I like your weekly articles a lot. They’re really informative. Unfortunately, I can’t invest in the opportunities you write about because I’m not an “accredited investor.” I know the laws around this are changing soon, but is there anything I can do right now to make money from your ideas?”
Can you imagine losing $119 billion in a single day?
That might sound like an impossible amount of money to lose in any amount of time, but in the high-stakes world of startups, it really can happen in a day.
And whenever there’s a “loser” in a zero-sum situation like this, there’s also a “winner.” The difference between the two?
Hindsight is always 20/20.
Every investor I know can reflect on “the one that got away.” The blockbuster investment that they missed the boat on.
“Absolutely first-rate when it comes to spotting big-picture trends before they come into focus.”
That’s how Fortune’s Andy Serwer described Wall Street analyst turned venture capitalist, Mary Meeker, in a profile back in 2006.
He’s (still) right. And since we’re all about spotting big trends early, Meeker is worth our attention.