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When Marissa Mayer states that Yahoo "is the fastest growing startup in the world", I hope she doesn't actually believe that or take pride in that- and is just
by tuna-piano 10y ago
When Marissa Mayer states that Yahoo "is the fastest growing startup in the world", I hope she doesn't actually believe that or take pride in that- and is just saying it for hype.
They invested 2.8B to produce no meaningful profit and only a fraction of that in revenue. Under her logic, only looking at the output, they'd be a faster growing startup if they just put that money into a bank account.
- vorotato 10y agoBusinesses take risks to create value. It's what they do, and if nobody did it putting money into a bank account wouldn't actually make money. If you want ~0 risk money buy some bonds, but startups are arguably some of the riskiest (and most rewarding) investments. In that regard I'd say she's 100% spot on.