4 ms·
I don't think the house of cards is going to fall. In this case what is happening is that the money made in a few lucky startups (Facebook, Gogole etc) are rein
by ironjunkie 8y ago
I don't think the house of cards is going to fall. In this case what is happening is that the money made in a few lucky startups (Facebook, Gogole etc) are reinvested into those trials.
In the end, it is the circle of life, A few mega winners are subsidizing those losing experiments.
We should be there to take advantages of those as we are usually paying the price to the huge winning ones (indirectly, but still)
- maoistinquisitr 8y agoIt's not reinvested capital. It's highly leveraged funny money from a decade of ZIRP. And this isn't really a "tech" problem at this point. The "real" economy is full of huge companies that are barely making any money, but are racking up debt and revenue. This article goes into how the same thing is playing out in the agriculture sector. http://archive.dailywealth.com/3602/the-real-trouble-with-bizarro-capitalism- http://archive.dailywealth.com/3602/the-real-trouble-with-bi...