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He's correct. The economy will only support "fluff" for so long. At some point, no one will be willing to acquire these companies for their price, and the publi
by traviswingo 10y ago
He's correct. The economy will only support "fluff" for so long. At some point, no one will be willing to acquire these companies for their price, and the public won't support an IPO at their price also. Revenue and cash flow are vital to long-term success. Increasing your sticker price just by saying your company is worth more doesn't hold up in the real world. Find a problem, solve the problem way better than anyone else is, and create a monopoly with real profits. It's not easy, but that's where the real wealth is created.