Foursquare Is Now Twosquare: Latest Tech Bubble Casualty Has Valuation Slashed By 60%

First it was Dropbox.

In late October ago we reported that one of the numerous "unicorns" prancing around Silicon Valley was about to have a very rude wake up call when Dropbox was warned by its investment bankers that it would be unable to go public at a valuation anywhere near close to what its last private round (which had most recently risen to $10 billion from $4 billion a year ago) valued it at.

Than it was Jack Dorsey's "other" company, Square (which soon may have a higher valuation than Twitter).

Equity Markets Will Be Increasingly Accident Prone In 2016

BofAML's Economics of Volatility framework has been anticipating the 2015 starting point to a turn in volatility for the last two years. From here on we expect to see a rising trend in equity volatility levels, a trend that could last 1-2 years, transporting us from the low volatility regime of the last 3 years towards a sustained high volatility regime.

The Economics of Volatility framework – a quick refresher

 

The World Economy Explained With Two Cows: New Normal Edition

'Keep It Simple Stupid' is the underlying narrative of the "two cows explain economics" meme... but, in light of the 'new normal' reality unleashed by ever-intervening central planners, some of the key political, economic, and corporate systems needed a re-work...

Productivity 'increases'... or slave labor?

 

It's not a cow, it's a unicorn...

 

It's not easy being Greek...

 

Manipulation and lies...

 

China or America?

 

Venezuela or America?

 

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