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Yup. I know things are too good to last, but (for the time being) I am happy to be on the 'winning' side of bad investments. I'm curious what is attracting inv

Yup. I know things are too good to last, but (for the time being) I am happy to be on the 'winning' side of bad investments. I'm curious what is attracting investors to these start ups in the first place, is it really just the idea that 'this could be the next amazon'? As the article pointed out - Amazon dumped a ton of its money back into the company to expand services. Most of these burn rate services are happy with just getting people signed up and then stagnating.

Mahn 8y ago
> what is attracting investors to these start ups in the first place Growth, basically. As long as you can make a case that your 75 cent dollar store is rapidly accumulating customers, investors will be more than happy to overlook the economics of the business. Sometimes that works out, but I guess at that point it's more like gambling than investing for investors.