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Bill Gates: Technology Stocks should have Lower Multiples

2 points| Hansenq | 5 months ago |acquired.fm

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Hansenq|5 months ago

Related to Judge Mehta's recent ruling on remedies for Google's monopoly status, I'm reminded of Bill Gates' quote that software companies should not be valued as highly as traditional companies, because the rules change so quickly (i.e. OpenAI's rise).