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Remember when people were saying that it's crazy to invest in Facebook because there is no way Facebook will ever be profitable? https://news.ycombinator.com/i
by 21 9y ago
Remember when people were saying that it's crazy to invest in Facebook because there is no way Facebook will ever be profitable?
https://news.ycombinator.com/item?id=1719975 https://news.ycombinator.com/item?id=1719975
https://news.ycombinator.com/item?id=5145817 https://news.ycombinator.com/item?id=5145817
- root_axis 9y agoThis is a fallacious argument. It doesn't matter if some people predicted a company would fail even though it went on to succeed beyond what most people predicted, this is a rare outlier and usually the naysayers are correct, even if only because there are naysayers for literally everything.