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I'd rather blame that on business models that are unsustainable and rely on VC and IPO money coming in to avoid bankruptcy. At this stage we are not very far fr
by cm2187 7y ago
I'd rather blame that on business models that are unsustainable and rely on VC and IPO money coming in to avoid bankruptcy. At this stage we are not very far from the structure of a ponzi scheme.
In fact if the company is that close to bankruptcy, I am shocked that the listing authority even green lighted the IPO.