“Beware and don’t get caught up in what you may have missed.” – GC
Cuban on the tech bubble: There’s no liquidity by Jacob Pramuk
Private investors in apps and other ventures that fail are getting “crushed,” billionaire investor Mark Cuban said on Thursday.
“Small individual investors are putting their money into apps with no chance of getting their money back,” the Dallas Mavericks owner and “Shark Tank” investor told CNBC’s “Closing Bell.”
Cuban believes a bubble has formed in private technology investment worse than the public bubble that burst 15 years ago. He contends that angel investors and contributors to apps and other ventures make more perilous plays than stock traders in the past.
Read the full article at: CNBC