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mk  ·  3112 days ago  ·  link  ·    ·  parent  ·  post: Tech Startups Feel an IPO Chill

A chart with a line going way up is about all it takes when optimism is abundant. However, there is good reason to think that this bull run is over, and the chance of finding a greater fool in the IPO is diminishing. As the IPO exit loses its luster, it's going to trickle down all the way down the VC chain to angel funding.