Much less money is changing hands in the current dotcom boom than in the last one. That is good. But the sale of equity in Twitter is a sign that valuations are no less heroic – and that cash will soon be wasted on a vast scale.
在這一波網路熱潮中，易手的資金遠遠少於上一次熱潮。這是件好事。但Twitter售股卻凸顯出一個跡象，那就是眼下估值的豪氣與上一輪熱潮時相比絲毫不遜色——而很快會出現大規模的現金浪費。
您已閱讀13%（320字），剩餘87%（2230字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。