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Especially considering the nightmare of a funding climate we have. Those demos must have been truly life altering to warrant the $500m in investment. Profitabl
by ryanSrich 10y ago
Especially considering the nightmare of a funding climate we have. Those demos must have been truly life altering to warrant the $500m in investment.
Profitable startups with hockey stick like growth can't even raise a couple million...damn.
- gech 10y agoWhy is this post greyed out? Did people downvote it? Is not a reasonable question to ask why capital is wasted?
- xkcd-sucks 10y agoPerhaps growth just isn't a great metric for future growth. For example, tons of food-delivery and pet-product startups have exponential growth early on and evaporate a bit later when the product ceases to be sold at cost and a newer competitor appears.