With the Nasdaq near all-time highs, the valuations of many tech companies are really high. Even with high unemployment and low economic activity, many tech companies that don't display profits are being valued a lot more than most established companies with solid profits and better balance sheets. 

In this episode, you'll learn why investors value unprofitable tech startups a lot more than established tech businesses. The excerpts will come from the book Zero to One by Peter Thiel. 

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*This is not financial advice. All content should be considered opinionated. We are not responsible for any of your gains and losses. I am neither a licensed nor registered financial expert. Please see a financial advisor before making investment decisions.