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...and they won't be the last, as more and more later-stage "startups" begin to show they won't ever make the returns their valuations would suggest, and start
by empressplay 11y ago
...and they won't be the last, as more and more later-stage "startups" begin to show they won't ever make the returns their valuations would suggest, and start begging for cash as they burn through their existing investments and meagre revenue.
- frik 11y agoCould this lead to an domino effect?
- rm_-rf_slash 11y agoTech investment crashed in the 90s because billions were poured into companies that didn't make money, there's no reason to believe it couldn't happen again. I still have absolutely no idea how Foursquare makes money.