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Isn't that exactly what a bubble is? Ok, not "exactly", but come on: "the majority of startup companies will end up losing money" sounds like a very bubbly thi
by hasenj 16y ago
Isn't that exactly what a bubble is?
Ok, not "exactly", but come on: "the majority of startup companies will end up losing money" sounds like a very bubbly thing.
- abossy 16y ago"The majority of startup companies will end up losing money" is a tautology: true no matter what the inputs are.
- deleted 16y ago[deleted]
- Goladus 16y agoA bubble is when investors are making lots of money off other investors by trading stuff that isn't worth anything. Risk is being grossly and broadly mis-assessed (deliberately or inadvertently). The bubble pops when people realize this. In that sense, "majority of startup companies will end up losing money" is actually not a bubbly thing at all. Bubble mentality would be "most startup companies will IPO for huge valuations within a few years."