Business Insider quotes Kuppy

Business Insider profiled Kuppy and his recent comments on the absurdity of today's "Profitless Prosperity" companies. Subscription required.

"Harris Kupperman, the president of Praetorian Capital Management, says a day of reckoning is nearing for the latest batch of loftily valued IPOs. He thinks these companies are being touted as disruptive but aren't disrupting anything. He also points to sky-high valuations in the private sector that are being debunked by the public markets. "