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> except that IBM manages to show up with some positive cash flow at the end of the day, unlike modern VC darlings Comparing IBM to a VC funded startup doesn't
by rurp 7y ago
> except that IBM manages to show up with some positive cash flow at the end of the day, unlike modern VC darlings
Comparing IBM to a VC funded startup doesn't make any sense to me. Big old tech companies (like IBM) in Silicon Valley mostly do turn a profit, some quite a bit more than IBM.
- H8crilA 7y agoTrue. A fun fact: most also turned profit pre-IPO. Look up old S-1's. I was just joking about the buzzword mumbo jumbo. I want someone to take me for an AI ride in a self driving cloud. I already had so many social network and Uber-for-X rides, those days were cool. Does your mom do fintech, too? That's sooo cool!
- rurp 7y agoHeh, I actually agree with you on the buzzword mumbo jumbo. There's no doubt IBM can throw out meaningless buzzwordy phrases with SV's best.