RE:$80 Mill this time round !Tech companies have been hot lately, but I will never invest in that sector because these companies generally never pay a dividend, which defeats the entire purpose of forming a company in the first place: generate profits (dividends) for your owners (shareholders). The only way to profit off of tech is to hope for capital gains.
At least with the juniors you have the distinct possibility of M&A (leveraged cap gains), general cap gains (PMs in a bull market) or dividends down the road if the company grows into a producer or is acquired by a producer.
The whole concept of tech (or any company for that matter) whose mantra is perpetual growth for perpetual growth's sake (only enriching the execs in the C Suite) baffles me. It is as if tech investors just trade stock between themselves hoping for the price to go up so they can offload on the next person (greater fool's theory).
OK, I'll get off my soapbox. If tech floats your boat go for it. My bet (and my $$) have been and will continue to be in real companies that have hopes of being acquired in the sector which offers the highest upside of them all (PM junior resource).