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This Is Your "New Economy": These 10 Startups Are Valued At $156 Billion On $4 Billion In Revenue

Tyler Durden's picture




 

If one had to summarize the "new economy", which supposedly this time is different than the last time the US had a "new economy", in just one chart, it would be the following one which lists the 10 biggest "unicorns", or startups worth more than $1 billion, a list headed by Uber (which last week reported its latest record valuation of $51 billion, up from $17 billion exactly one year ago), and continuing with names which are more a marketing gimmick than an actual business model.

A few quick observations: the top 10 highest valued companies have a combined private valuation of $156 billion, on just about $4 billion in revenues and employ a whopping 19.5 thousand people.

In other words, the universe's combined historical Price/Sales ratio is 39x and each employee is worth about $8,000,000.

Here's hoping to the absolutely astronomical growth that these privately priced to perfection companies will need in order to justify their ridiculous valuations... just as the Fed prepares to hike rates and lead to what many know, but won't admit, will be a recession in a few years (if one hasn't started already).

Source: Economist

 

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Tue, 08/04/2015 - 07:59 | 6388756 Dubaibanker
Dubaibanker's picture

Your money is my money ....and ....my money is ....your money...and then...it's goooonnne.....Did you see that? It's gone! :)

Just like that!

Tue, 08/04/2015 - 08:06 | 6388768 SickDollar
SickDollar's picture

the entrie global economic system is a big joke

Everyone knows a RESET is due

 

Tue, 08/04/2015 - 08:09 | 6388778 Occident Mortal
Occident Mortal's picture

Square looks good to me.

 

Six times revenue is high for something so new, but perfectly sensible given the base rate is 0.25%

Tue, 08/04/2015 - 08:18 | 6388804 Arnold
Arnold's picture

Square is very handy for the table top/ flea businesses.

Fees are  insignificant if your crocheted afgans are moving.

Tue, 08/04/2015 - 09:10 | 6388943 NidStyles
NidStyles's picture

The first two ones I can see being valued like that, they actually provide value to the economy and are still growing rapidly.

Tue, 08/04/2015 - 09:42 | 6388952 Manthong
Manthong's picture

Revenue ??    Sheminue..

Get a clue..

This is not  even closely related to legit economics.

……… it is criminal financialization and the reason for the monstrous inequality  

It’s a german and jewish thing……

.

BTW.. in 1776, when the Founders declared Independence..; who owned England???

.

Google Rot Schild

 

 

Tue, 08/04/2015 - 10:54 | 6389295 realmoney2015
realmoney2015's picture

Those are just great companies. They are the wave of the future. We all know that one day they will actually be extremely successful and actually be worth that value. This is no bubble, this is just getting in early (sarcasm).

Buy silver y'all!

Tue, 08/04/2015 - 12:08 | 6389746 Bunga Bunga
Bunga Bunga's picture
A Hack Turns the Square Card Reader Into a Skimmer

1. We can turn a new Square Reader into a credit card skimmer in under 10 minutes - and it will still physically look exactly like a Square Reader. The attack allows malicious merchants to gather and subsequently sell user credit card information. This attack does not store swipes, but does store the victims credit card information.

2. We have identified a method where, for every unique swipe of a customer’s credit card, a merchant is able to conduct a new transaction at a later point in time, even long after the customer has left and unbeknownst to him or her. Square has the information needed to fully prevent such attacks as they’re attempted, but due to complexity has opted not to do so. This attack stores swipes for later use.

http://gizmodo.com/a-hack-turns-the-square-card-reader-into-a-skimmer-17...

 

Tue, 08/04/2015 - 08:53 | 6388898 gatorengineer
gatorengineer's picture

square will get bought.....  Paypal is the one that is in trouble, their 3% scam is due to get crushed by Crapple pay, google pay, etc......

Ebay also desperately needs a competitor.

Tue, 08/04/2015 - 13:50 | 6390338 Bunga Bunga
Bunga Bunga's picture

OpenBazaar

Tue, 08/04/2015 - 08:12 | 6388792 johnnymustardseed
johnnymustardseed's picture

I have never undeerstood the valuation of stocks.. twenty times earnings is a fair value of a stock. WHY?  That means 19 levels of made up money. Crrazy. The whole thing is a giant Ponzi

Tue, 08/04/2015 - 08:17 | 6388801 Occident Mortal
Occident Mortal's picture

It's to do with positive carry.

 

If you borrow money at less than 5% then buying equities at less than 20 P/E has a positive carry.

Of course in reality the status quo changes all the time, so there is a risk that the earnings will fall, or that the price of the equity will change meaning you cannot recoup in full.

 

It is the interest rate that determines the valuation, because the interest rate determines the cost of capital.

The lower the cost of cpaital the greater the valuations.

Tue, 08/04/2015 - 18:18 | 6391466 jerry_theking_lawler
jerry_theking_lawler's picture

Interest rate is also RISK...so, since rate is being manipulate downward, risk isn't being applied to capital appropriately. This creates crazy valuations and ultimately will end badly.

Tue, 08/04/2015 - 09:04 | 6388932 Grinder74
Grinder74's picture

The same logic is used for:

- 18 is perfect adult, but 17 is totally helpless child !!!!11!11!!!

- two dudes marrying is A-OK, but a dude wanting to marry two chicks is soooooo evil !!!!!1!!!!11!!!

 

 

 

Tue, 08/04/2015 - 09:20 | 6388975 cheech_wizard
cheech_wizard's picture

I figure I am going to ask every single woman in the world to marry me. Why not? Everything else in the world is upside down, backwards, and lacking any sense of a direction on a moral compass.

Standard Disclaimer: They can help me make the Guiness Book of World Records.

 

Tue, 08/04/2015 - 09:34 | 6389022 gmrpeabody
gmrpeabody's picture

Start with the rich ones...

Tue, 08/04/2015 - 10:20 | 6389167 Perfecthedge
Perfecthedge's picture

Excellent points Grinder74!  I always wondered about these too.  Whenever I mention, that we should legalize Polygamie (as next level of freedom), people look at me, like I mentioned fucking a dragon or something.  The very same people that approve gay marriage (which, personally I have nothing against - I am straight - but think that you should not stop here.  Rights are Rights!)

 

Tue, 08/04/2015 - 10:38 | 6389240 Countrybunkererd
Countrybunkererd's picture

Everything is upside down.  Look at the U.S. Drug War-TM.  that does nothing more than set up deep pocketed murders with global reach.  If a man wants to put another man inside him why can't a man put some smoke or whatever inside as well?  Just sayin.

Tue, 08/04/2015 - 11:03 | 6389340 Tallest Skil
Tallest Skil's picture

Mental illnesses don't have rights. Reassess your delusional beliefs.

Tue, 08/04/2015 - 08:23 | 6388818 lordbyroniv
lordbyroniv's picture

Maybe the lord will send death angels to kill every Progressive Democrat

 

Because thats what its going to take to give everyone else a shot

 

Cousins??????  http://consequenceofsound.net/2015/08/amy-schumer-joins-her-cousin-senat...

Now it all makes sense

 

Tue, 08/04/2015 - 09:13 | 6388950 MalteseFalcon
MalteseFalcon's picture

If every progressive Dumbocrat vanished, who would read the nightly news?

Tue, 08/04/2015 - 09:48 | 6389062 tarsubil
tarsubil's picture

Haha, I figured Amy sold her soul to get 15 min of fame. Guess not. Didn't she make a movie about how she's some kind of man killer? Right. You can get whatever you want if you're in the club.

Tue, 08/04/2015 - 12:43 | 6389957 KnuckleDragger-X
KnuckleDragger-X's picture

The reset is going to be painful and I get the feeling overpopulation won't be a problem in a few years.....

Tue, 08/04/2015 - 15:25 | 6390822 Nolde Huruska
Nolde Huruska's picture

What we really need is a reboot of fuckedcompany.com

Tue, 08/04/2015 - 08:06 | 6388769 This is it
This is it's picture

Heyy mann, whatever works mann.

Tue, 08/04/2015 - 08:10 | 6388786 doctor10
doctor10's picture

The commodity in shortest supply in the whole world right now is

"good, real, cash-flowing collateral"

 

40:1 is a pretty damn good cash premium to pay for some crappy cash flow.

Tue, 08/04/2015 - 08:29 | 6388832 negative rates
negative rates's picture

When they want some thin man who don't want to pay the rent, and they did it, just like that.

Tue, 08/04/2015 - 11:16 | 6389401 thunderchief
thunderchief's picture

But please, please, please don't buy physical gold and silver.

They are just pet rocks and door stops.

Tue, 08/04/2015 - 07:59 | 6388760 overmedicatedun...
overmedicatedundersexed's picture

shell co's for the HLS/NSA/CIA..think google/facebook is not run by them? then i got bridge somewhere to sell you.

Tue, 08/04/2015 - 08:00 | 6388761 Jayda1850
Jayda1850's picture

"..just as the Fed prepares to hike rates and lead to what many know, but won't admit, will lead to a recession in a few years (if one hasn't started already)."

I REPEAT THE FED WILL NEVER HIKE RATES!

Tue, 08/04/2015 - 08:23 | 6388823 NeedleDickTheBu...
NeedleDickTheBugFucker's picture

+0.25%

any rate hike = immediate collapse

Tue, 08/04/2015 - 08:50 | 6388891 Vendetta
Vendetta's picture

+1000   They might do a modest .25 or .5% bump but will immediately (< 3-6 months) bring it back down. Its laughable that any significant change in rates will occur.

Tue, 08/04/2015 - 09:54 | 6389082 tarsubil
tarsubil's picture

Doesn't matter. If they keep rates the same for a long enough time, there will be a collapse. They are better off raising them and then lowering them than going negative next time everything falls back to Earth. Or not. It doesn't matter. The bubble has been blown and there is no way to safely deflate it.

Tue, 08/04/2015 - 08:00 | 6388762 HowdyDoody
HowdyDoody's picture

A cat valued my startup at 1 treeellion dollars.

Tue, 08/04/2015 - 10:16 | 6389156 813kml
813kml's picture

Not far-fetched, Grumpy Cat has more revenue than SnapChat.

http://www.theatlantic.com/technology/archive/2014/12/Welcome-to-the-Gru...

Tue, 08/04/2015 - 10:42 | 6389251 Countrybunkererd
Countrybunkererd's picture

I valued my cat's litter box at about the same...imagine the photo poops... i mean ops!

Tue, 08/04/2015 - 08:01 | 6388763 Dr. Engali
Dr. Engali's picture

It's different this time.

Tue, 08/04/2015 - 08:02 | 6388765 firstdivision
firstdivision's picture

Of those, Square is he only one that I woul risk money on. 

Tue, 08/04/2015 - 08:20 | 6388809 falak pema
falak pema's picture

Thats 'cos you're not HIP ! 

Tue, 08/04/2015 - 12:22 | 6389831 GoinFawr
GoinFawr's picture

Didn't you know that it is Hip to be Square?

Tue, 08/04/2015 - 09:20 | 6388973 NidStyles
NidStyles's picture

Really? It's growth and actual market share is horrid. 

Tue, 08/04/2015 - 10:32 | 6389209 firstdivision
firstdivision's picture

Yes, but if you held a gun to my head and told me I have to play $10 on one, Square is the one I'd pick. 

Tue, 08/04/2015 - 11:02 | 6389337 BeerMe
BeerMe's picture

Square is good for the farmer's market I guess...

Tue, 08/04/2015 - 08:06 | 6388772 Bill of Rights
Bill of Rights's picture

From the WHAT THE FUCK FILES!

Shocking! Kentucky Officer Caught On Camera Handcuffing Disabled Kids

https://www.youtube.com/watch?v=D_nNY8IVe8k

 

Two northern Kentucky women have sued the Kenton County sheriff and one of his school resource officers for placing their two disabled elementary school children in handcuffs.
The handcuffs were too large to fit around the wrists of the 8-year-old boy and the 9-year-old girl, both of whom have been diagnosed with attention deficit hyperactivity disorder and are identified in court documents only by their initials. School Resource Officer Kevin Sumner put the handcuffs around the children’s biceps, locking their arms behind them. A video of one of the incidents shows the 8-year-old boy struggling and crying while sitting in a chair at Latonia Elementary School in the Covington Independent Public School district.
“You don’t get to swing at me like that,” Sumner told the boy, according to a video that was captured by a school administrator and uploaded to YouTube by the American Civil Liberties Union, which is representing the women and their children. “You can do what we’ve asked you to, or you can suffer the consequences.”
A federal lawsuit filed in the eastern district of Kentucky says the boy – 3 feet 6 inches tall and 52 pounds – was removed from class last August because he was not following his teacher’s directions. The boy then tried to leave the principal’s office but was physically restrained by school administrators until Sumner arrived to escort the boy to the bathroom.
On the way back from the bathroom, the boy tried to hit Sumner with his elbow, according to a report from the Kenton County Sheriff’s office cited in the lawsuit. That’s when Sumner put him in handcuffs.

The lawsuit asks for a judge to ban the school from doing this again and for money to compensate for the pain and emotional trauma and for attorneys’ fees.
Kentucky state regulations ban school officials from restraining students in a public school unless the “students’ behavior poses an imminent danger of physical harm to self or others.” There is an exception for “a device implemented by trained school personnel.” But the regulations also ban officials from physically restraining students that they know have disabilities that could cause problems.
The lawsuit says officials at both schools were aware of the students disabilities, which including “impulsivity, and difficulty paying attention, complying with directives, controlling emotions and remaining seated.”
“Shackling children is not okay. It is traumatizing, and in this case it is also illegal,” Susan Mizner, disability counsel for the ACLU, said in a news release. “Using law enforcement to discipline students with disabilities only serves to traumatize children. http://www.sfgate.com/news/article/Parents-sue-officer-who-handcuffed-disabled-kids-6422335.php


Lots of fail here

Tue, 08/04/2015 - 08:41 | 6388854 Tinky
Tinky's picture

Laugh if you must, but some 3' 6", 52lbs tykes pack a wallop.

It boils down to technique – and the fact that a well-executed straight right may land squarely on a set of adult huevos.

Tue, 08/04/2015 - 08:52 | 6388895 Kaervek
Kaervek's picture

As our officers diet consists solely of donuts and coffee I see how they might have problems controlling a kid like that, it's really a challenging task. Kid can count himself lucky he didn't get tasered, he was assaulting an officer of the law after all.

Tue, 08/04/2015 - 09:23 | 6388981 cheech_wizard
cheech_wizard's picture

Cheech Wizard says... Always go for a kick in da nutz.

Tue, 08/04/2015 - 10:00 | 6389099 tarsubil
tarsubil's picture

Holy shit are you serious? My daughter is bigger than that and no doubt stronger. Any grown man that fears her punch should call Guinness to be put down as the biggest pussy in the world.

Putting a toddler in handcuffs because they punched a cop? From the ADHD "disabled" label, to the lawyers, to the cop thinking that putting a tiny kid in handcuffs is okay, our society just doesn't work anymore.

Tue, 08/04/2015 - 10:50 | 6389280 Countrybunkererd
Countrybunkererd's picture

Our whole civilization in the US is in danger.  Nothing is illegal anymore, but speeding can carry a death sentence if you mouth off to the cop.  Society is broken, and i doubt fixable.  Legislation of moral codes doesn't work without God.  America, contrary to our rozy teachings has never been much higher than pirates, outlaws and criminals...read about the state of Georgia. 

Tue, 08/04/2015 - 11:29 | 6389482 Tinky
Tinky's picture

If sarcasm detection were the only available occupation, you'd be out of work.

Tue, 08/04/2015 - 14:27 | 6390552 tarsubil
tarsubil's picture

You got me.

Tue, 08/04/2015 - 08:50 | 6388890 To Hell In A Ha...
To Hell In A Handbasket's picture

The kid is a THUG in the making. Bastard was lucky he never got shot. If the handcuffs came off, the officer could possibly have feared for his life and we all know how these situations end. The handcuffs was the best option IMO. Roll Eyes!

Tue, 08/04/2015 - 09:16 | 6388958 booboo
booboo's picture

The ONLY thing that is improtant is did the "home town hero" make it home to his family safe? Should we hold a vigil for the butt hurt cop and lay teddy bears at his door step?

Tue, 08/04/2015 - 08:57 | 6388906 gatorengineer
gatorengineer's picture

A friend of my wife has a special needs kid, he was allowed to run around our house last night, causing general mayhem throughing things off tables, banging his head wherever he could while the mom just looked on and ignored it.  Kid was about the same size.  I would want to mess with the kid, as it woudl just be a flayling of arms legs and teeth.

The Cop was write, the ACLU as in 99 percent of the instances is wrong.  Its unfortunate, but these kids should be in schools for special needs, not mainstreamed.  You know the way it used to be before the liberal cancer spread.

Tue, 08/04/2015 - 09:44 | 6389053 gmrpeabody
gmrpeabody's picture

A lot of this shit is a LEARNED behavior..., because it works for them.

Tue, 08/04/2015 - 09:09 | 6388942 Greenie
Greenie's picture

Pre 1970, a 4'10" nun would beat the crap outta that kid with a ruler and you'd never hear another peep out of him.

Tue, 08/04/2015 - 09:45 | 6389056 gmrpeabody
gmrpeabody's picture

+100

Tue, 08/04/2015 - 11:12 | 6389383 large_wooden_badger
large_wooden_badger's picture

This went on up to about 1985, trust me I saw with my own eyes.

Not sure what happened on or about that time in history, but I'm guessing maybe the morale improved.

Wed, 08/05/2015 - 08:24 | 6392780 roodeetoodee
roodeetoodee's picture

From what I can tell now they're all too busy doing porn. I cant give you an exact % as my investigation is still ongoing, but it's significant.

Wed, 08/05/2015 - 08:25 | 6392773 roodeetoodee
roodeetoodee's picture

dup

Tue, 08/04/2015 - 08:08 | 6388779 Kreditanstalt
Kreditanstalt's picture

156 to 4?  Remember, yield is EVERYTHING...and it's all about yield FLOW, not nominal STOCK...

Tue, 08/04/2015 - 08:10 | 6388787 new game
new game's picture

potential shorts, oh can i do that?

Tue, 08/04/2015 - 10:55 | 6389299 Countrybunkererd
Countrybunkererd's picture

It is like "pantsing" someone, but for a business.  Illegal in El Chinyo tough.

Tue, 08/04/2015 - 08:11 | 6388789 OneTinTrooper
OneTinTrooper's picture

More Off Topic Breaking News --- NTSB has determined that men in batman suits are not aircraft. 

Tue, 08/04/2015 - 08:23 | 6388819 Arnold
Tue, 08/04/2015 - 08:15 | 6388798 venturen
venturen's picture

what about the dividends?

Tue, 08/04/2015 - 08:20 | 6388810 juicy_bananas
juicy_bananas's picture

Make an app that integrates all these hipster apps.

Tue, 08/04/2015 - 08:58 | 6388911 fascismlover
fascismlover's picture

Make an app that can 3d print a PBR.

Tue, 08/04/2015 - 08:21 | 6388811 YHC-FTSE
YHC-FTSE's picture

Ha! Best laugh of the week so far. Price/sales ratio is x39 but then the sales revenue is gross income before fixed/variable costs so what sort of batshit crazy growth projections justify their value is another mystery.

The definition of "Start Up" is being redefined by these +$1billion fund raising companies. Sort of puts capitalism on its head when a business starts its life owing so much instead of building itself up from nothing with its own profits. Just goes to show that if you have a half baked idea with outrageous capital costs and know the right banksters, you too can become an instant billionaire.

Tue, 08/04/2015 - 08:44 | 6388873 Ghordius
Ghordius's picture

+1 in my experience it's bankers nowadays turning every stone to find the next unicorn start-up, and make sure they bypass all organic growth into instant market domination, if possible

what galls me is that I see a wake of destroyed, warped and extreme expectations in the debris they leave behind

entrepreneurship is precious. there are too few entrepreneurs to start with, and this "winner takes all" mentality is literally destroying the future, imho

Tue, 08/04/2015 - 15:06 | 6390733 cherry picker
cherry picker's picture

It happened before with the dot combust.

I knew it was going to crash before I did.  Remember a young fella telling me I didn't know what I was talking about.  I said wait a few months.

Less than a month went by and reality seperated the wheat from the chaff.

There are still leftovers from that time, who are still overvalued, like Amazon and Google.

Then we have Apple and Microsoft, each with over $100 billion in parked cash, which tells me that they are overcharging like crazy for dubious and malware productswhich have no regard for your privacy or protection regardless of their claims.

The only software movement today with any integrity in my mind is open source and Linux based.

Tue, 08/04/2015 - 08:23 | 6388820 Pumpkin
Pumpkin's picture

All that needs to be said about the market is 'They've got do overs'  Fucking do overs!

Tue, 08/04/2015 - 08:35 | 6388849 falak pema
falak pema's picture

We see two things here :

1° the hold of silicon valley on US start up culture. But it has a downside : aka Unicorn frenzy. 

2° The hold of short term money machines, the  leveraged- Zirped HFs, looking for "sexy" start ups; consumer social network oriented;  trying to park super rich money on a quick in and out "devil take hindmost" basis.

Typical bubble-o-nomics frenzy.

Tue, 08/04/2015 - 08:39 | 6388863 ajkreider
ajkreider's picture

Our new economy?! Tyler must be too young to remember 1999.

Tue, 08/04/2015 - 08:46 | 6388880 VW Nerd
VW Nerd's picture

This is to be expected.  We've been reminded time and again that ZIRP=capital misallocation and market distortion.  This is simply an FTD (Fed Transmitted Disease) manifesting itself in the markets.  The markets have degenerated into a Fed orgae.  Play at your own risk.  Protection recommended.....

Tue, 08/04/2015 - 08:48 | 6388884 eddiebe
eddiebe's picture

So it's all messed up. Yawwwn.

Tue, 08/04/2015 - 09:03 | 6388925 jay28elle
jay28elle's picture

Just BTFD and move on.

Tue, 08/04/2015 - 09:05 | 6388933 juicy_bananas
juicy_bananas's picture

Hipster peer pressure: Come on, nobody's doing it.

Tue, 08/04/2015 - 09:07 | 6388937 RyeWhiskey
RyeWhiskey's picture

Like Facefart and Twitt, the new bunch of useless Ponzi startups exist only to launder $$$$ in IPO. It's a scam, and you are not a part of it. Though your pension funds are.

Tue, 08/04/2015 - 10:01 | 6389104 Crocodile
Crocodile's picture

If you use Facebook and Twitter, then you are part of it.  Facebook is faceless and Twitter is, well a real "Tweet".  Reminds me of the title of bills that go through Congress; just put the antithesis to the name and you are closer to the truth.  Social media is anti-social; took me a couple of weeks on Facebook a few years ago to see that all those people that I would not otherwise be in touch with are gossips.  My experience and observation, but if you listen to almost any conversation among people; it is superficial at best to down right wicked gossip.

Tue, 08/04/2015 - 09:18 | 6388968 RushRoolz
RushRoolz's picture

Thank God we're not in a bubble. Can you imagine what these numbers would look like if we were in, say, a cheap money Fed inflated bubble or something?

Tue, 08/04/2015 - 09:22 | 6388977 elstrom
elstrom's picture

Doesn’t Uber billing works like they bill the person taking a taxi ride and then they pay the contracted car owner/driver?
I’ve seen the figure that Uber fee is about 20 %., if so there is 160 m in "Uber" revenue of the 800 m. That is about 21k per Uber employee. 

Tue, 08/04/2015 - 09:37 | 6389028 Reichstag Fire Dept.
Reichstag Fire Dept.'s picture

Looks like Dotcom Bubble 2.0 is coming! :D

Tue, 08/04/2015 - 09:42 | 6389044 gregga777
gregga777's picture

Nothing to see here. Just the usual Wall Street Con Market shell game designed to make the rich richer and bankrupt everyone and everything else. The rich are doing God's work.

Tue, 08/04/2015 - 09:55 | 6389087 Crocodile
Crocodile's picture

What do you mean the rich are doing "God's" work?  God is making the rich richer at the expense of the poor?

Tue, 08/04/2015 - 09:57 | 6389095 gregga777
gregga777's picture

That's how the rich characterize their work.

Tue, 08/04/2015 - 09:59 | 6389098 overmedicatedun...
overmedicatedundersexed's picture

I got a patent on a coal powered lap top and i phone, think I will get government funding?? let's IPO that fucker.

Tue, 08/04/2015 - 17:52 | 6391382 Abbie Normal
Abbie Normal's picture

With 50% of the US power generating plants still burning coal, it's likely that your laptop or iphone or Tesla is already a coal-burner.

Tue, 08/04/2015 - 10:05 | 6389118 Ghordius
Ghordius's picture

"God is making the rich richer at the expense of the poor?"

is that the old question that inflamed some decades of the Middle Ages? if Jesus was a rich or a poor man?

Dominican friars, being rich, argued one way, and Franciscan friars, being poor, argued the other way

the Pope, aka Francis The Treehugger, is coming to the US. already the Dominican Party is hating it, while the Franciscan party is wary

Tue, 08/04/2015 - 09:43 | 6389050 MrBoompi
MrBoompi's picture

Examples of boatloads of borrowed ZIRP cash chasing what little revenues are available.  I wish somebody would pay me 50X my company's bottom line, let alone gross revenue.  I'd sell in a heartbeat.  

Tue, 08/04/2015 - 09:47 | 6389059 overmedicatedun...
overmedicatedundersexed's picture

.gov is picking winners, what could go wrong, no what is wrong with that? falak could care less i guess.

silicon valley is washington DC west.

Tue, 08/04/2015 - 10:00 | 6389100 Jack Daniels Esq
Jack Daniels Esq's picture

The USG is on big Ponzi - Tyler, ya missed the Tesla bitchez

Tue, 08/04/2015 - 10:02 | 6389110 bahaar
bahaar's picture

I worry for the rich.  What will they do when they own 100% of wealth?

Tue, 08/04/2015 - 11:12 | 6389388 SirBarksAlot
SirBarksAlot's picture

Clean house for the Chinese lords.

Tue, 08/04/2015 - 10:19 | 6389163 Nico Bellik
Nico Bellik's picture

lol

Tue, 08/04/2015 - 10:21 | 6389170 Rathmullan
Rathmullan's picture

yeah? well the nyfed better grab one of them to replace aapl in the dow 30 "industrials".

Tue, 08/04/2015 - 10:26 | 6389184 TrustbutVerify
TrustbutVerify's picture

Didn't see any practical hardgoods manufacturers on that list.  Some are interesting. Most seem to be digital nonsense. 

Tue, 08/04/2015 - 10:36 | 6389224 Puncher75
Puncher75's picture

Bullish!

Tue, 08/04/2015 - 10:47 | 6389263 JustPrintMoreDuh
JustPrintMoreDuh's picture

Now thats some serious Fuckedupedness!

Tue, 08/04/2015 - 10:52 | 6389288 Irishcyclist
Irishcyclist's picture

D'inverted Apex, don't ye know.

 

Projected revenues, projected profits, project horseshit.

Tue, 08/04/2015 - 10:59 | 6389318 Ted Baker
Ted Baker's picture

In the hands of GS any Co is worth billions even trillions

Tue, 08/04/2015 - 11:04 | 6389346 Pullmyfinger
Pullmyfinger's picture

Taken from a Zerohedge article from Oct. 23, 2013, quoting Albert Edwards:

"Only the brave can react to what they see and leave the markets. The global macro looks an appalling mess and even more importantly, long-term equity investors can find nothing worth buying. For equity investors we are closer to 2007 than 2001 as the vast bulk of the equity market, as represented by the median PE, PB or Price/Sales, is expensive. The US median price/sales ratios is at a record high, indicating that there is practically nothing cheap in the equity market left to buy."

http://www.zerohedge.com/news/2013-10-23/albert-edwards-record-high-medi...

Here is just another measure of just how completely out of whack the markets have become after an additional two years due to Federal Reserve manipulation and interference. The corollary to this is an imminent, proportional collapse and reaction to well below historical norms before any kind of recovery can take place. This time is, of course, different, in that the overall distortion in the system is so severe that it will take down not just the financial system with regards to Wall Street, but the entire credit system itself.

If so --and this now appears to be inevitable-- when the collapse arrives visibly, to the point that even the public can see it, nothing will be left open but the Farmer's Market down the street. For the entrepreneurial, take heed: This will, in turn, for any given locale, immediately morph into THE market for everything else.

The general consensus around the web seems to justify the expectation that such an event will indeed arrive before the end of this year --or, even more poignantly, within the next eight weeks. And frankly, I'm not ready for this on any number of levels.

Tue, 08/04/2015 - 11:18 | 6389411 large_wooden_badger
large_wooden_badger's picture

Somday a millenial will figure out how to actually make something, manufacture and market it, and he/she will be labeled Time's "person of the year".

Actually newsworthy IMO.

Tue, 08/04/2015 - 11:24 | 6389442 fromthinair
fromthinair's picture

each employee worth $8 million. so the question is who is a greater evil ... these employees or the existing taxi cartels .. lets focus on Uber for the time being ... I will have to find examples for other companies... probably later. What is odd in this entire narrative?

Tue, 08/04/2015 - 11:26 | 6389462 teslaberry
teslaberry's picture

the most valuable company on this list is the one that can survive without ever going public.

palantir.

the most pure cia asset on the list.

but don't confuse value with price. they just aren't the same thing.

Tue, 08/04/2015 - 11:30 | 6389492 fowlerja
fowlerja's picture

Is this the dawning of the Age of Aquarius for the stock market...the new reality?

Tue, 08/04/2015 - 11:30 | 6389493 I Write Code
I Write Code's picture

But really, are they HAPPY being overvalued by so many billions of dollars?

Tue, 08/04/2015 - 12:27 | 6389583 Pullmyfinger
Pullmyfinger's picture

It's the sine qua non of the paranoid sociopath; but it's not about "happiness." It's about buffering a fundamental fear of others with insatiable need.  

This is not of course, something that a people who still believe that it's ok for emotionally crippled and seriously mindfucked religious zombies in penguin suits to beat small children for any reason whatsoever will ever really understand. But this sort of widespread psychological indoctrination is precisely what lays and maintains the foundation for totalitarianism and the evolution of police states. 

Tue, 08/04/2015 - 12:21 | 6389822 GRDguy
GRDguy's picture

Lived through DotCom v1.0 .  Watching DotCom v2.0 .  Like watching TV repeats. (I'm 67.)

Tue, 08/04/2015 - 14:30 | 6390569 jcdenton
jcdenton's picture

So the "voice of the BoE" informs us ... blah, blah, blah ..

Well, I have some news for the "voice" to inform the BoE:

How much money is flowing from financial institutions in India, to the Bank of England, in the form of cash (US dollars), Medium-Term Notes and US Treasury instruments?

 

What are the amounts that are being credited for accounts of the following:

 

Former US President George H. W. Bush Sr.

 

President George W. Bush Jr.

 

Former President William Jefferson Clinton

 

Senator Hillary Clinton

 

Mr Donald Rumsfeld, US Secretary of Defense

 

Vice President Richard Cheney

 

Special accounts for the US Republican Party

 

Special accounts for the US Democratic Party

 

As the Bank will certainly be aware, the funds, amounting to some $25+ trillion, conveyed to India by US official parties, are being handled and traded illegally, and it follows that the India-based institution( s) and the Bank of England would be engaged in criminal financial operations in respect of any associated transactions.

 

Tue, 08/04/2015 - 15:21 | 6390807 Totentänzerlied
Totentänzerlied's picture

Actual value: somewhere in the negative billions. So much capital destroyed, for less than nothing. The notion that capital once wasted can be recovered, like all of economics, conveniently ignores thermodynamics.

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