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Yes, but investors don't care about profit or sustainability anymore, always just this perpetual, artificial growth. A million years ago when I was young the I
by oldjokes 7y ago
Yes, but investors don't care about profit or sustainability anymore, always just this perpetual, artificial growth.
A million years ago when I was young the IPO market used to be the end of the bullshit, you actually had to make money and have a long term plan. That is no longer true, the fictional growth narrative is demanded over actual money now.
- lixtra 7y agoAs a counter example to your good old times consider the financing of the Suez Canal.