Would a Tesla go-private deal be a sign of a market top, like AOL-Time Warner or the RJR Nabisco LBO? It certainly checks a lot of the boxes, and also highlights several fundamental shortcomings to public equity markets.
As bubbles expand and hot money starts burning holes in corporate pockets, merger and acquisition deal terms begin to leave reality behind. Often one deal of such breathtaking size, scope and hubris is struck that - in retrospect – it heralds the end of the era.
"In 1993, I did not picture people having their online experience being 'fed' to them by large corporations using mysterious algorithms. Instead, I envisioned individuals in control, creating and exploring on their own..."
“Facebook has too much power over America’s communications infrastructure. And Facebook’s failure to manage that power responsibly ... is a direct threat to American democracy, and the government must act now..."
Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities...