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Those kinds of founders need a dose of reality. That path is usually more like "burn lots of investor cash and your reputation, then fail." For the very few who
by api 11y ago
Those kinds of founders need a dose of reality. That path is usually more like "burn lots of investor cash and your reputation, then fail." For the very few who sort of pull the pump and dump burn to exit thing off there are dozens who just crash.
- curiousjorge 11y agodoesn't seem to happen. people who raise ridiculous amount of money seems to do it again and again and investors are happy to keep shoveling piles of money around. vast amount of money is moved around and evaporated. that kind of money if distributed to single founders who have a working product, generating revenues would have a far more benefit to society and consumers instead of one giant company that bullies it's way into the markets by splashing money around.
- api 11y agoI've seen that too and I still don't understand it.