Carlyle's Rubenstein Says Payment Processors Will Dominate the World

The video discusses the current state and future of technology stocks, focusing on valuations, unicorns, and investment strategies. It highlights a Dutch payment processor's IPO success and Carlyle's investment in Alibaba and Ant. The discussion also covers the potential dominance of a few payment processors globally.

Discuss the significance of unicorns in Silicon Valley and their impact on the tech market.

What was the investment strategy behind Carlyle's investment in Alibaba and Ant?

What are the implications of high pre-IPO valuations for technology companies?

How do payment processors differ from other technology companies in terms of market dominance?

What are some factors that determine whether a technology company will succeed after going public?