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The fall and rise of technology juggernauts
- corv 11y ago"Almost all of today’s technology juggernauts formed before about 2008 required smallish amounts of capital. Google, for example, consumed only $8m before turning profitable. Maybe this means that sooner or later a new class of company will come into vogue — a rare species known as the profitable unicorn." Unlikely as long as an investor led arms race is on.
- dstyrb 11y agohttps://www.google.com.hk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwjK36q27cPJAhWJKJQKHTgwB9cQqQIIGzAA&url=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F6b859714-99ba-11e5-9228-87e603d47bdc.html&usg=AFQjCNEoWH8mpNSXgRV9XcrCMYBSg0UBGA&sig2=wfdZYlmuaW3WmIxoY1lGTQ&cad=rja https://www.google.com.hk/url?sa=t&rct=j&q=&esrc=s&source=we...