Given that most of these companies were created this summer, I think it is meant to be a playful phrase akin to common media write-ups of the latest summertime trend.
Your excellent post brings to mind what happened in the subprime mortgage market. The last investor out, like a game of musical chairs, found no more buyers for their portfolios.
How'd it get to be called SUMMER? Does it go away in winter?
Given that most of these companies were created this summer, I think it is meant to be a playful phrase akin to common media write-ups of the latest summertime trend.
Your excellent post brings to mind what happened in the subprime mortgage market. The last investor out, like a game of musical chairs, found no more buyers for their portfolios.
Is bitcoin a real asset or a pet rock?