We don’t know if this bubble is going to be more like the dot-com bubble where the bubble burst but left useful things behind, or if it’s going to be like the NFT bubble that left nothing useful behind.
As for whether the companies see this or not, of course they do. But, what are they going to do, go out of business intentionally before the bubble pops? It’s really the investors who don’t seem to see it. Why do they keep pumping money into the companies that are obviously ridiculously overvalued?
We don’t know if this bubble is going to be more like the dot-com bubble where the bubble burst but left useful things behind, or if it’s going to be like the NFT bubble that left nothing useful behind.
As for whether the companies see this or not, of course they do. But, what are they going to do, go out of business intentionally before the bubble pops? It’s really the investors who don’t seem to see it. Why do they keep pumping money into the companies that are obviously ridiculously overvalued?