There are no profits. There is no business plan. And they have no money.
Dear Loyal Reader,
The stock market is crashing.
Today is just the start … as CEOs of the "Let's Pretend We Have a Real Business" tech companies are put up on stage this week, they'll have to admit the truth…
There are no profits.
There is no business plan.
And they have no money.
And while many of these Silicon darlings have already fallen 50%, 60% and 70% … more is to come.
Sincerely, Michael Carr, CMT, CFTe Editor, The Silicon Shakeout
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