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Everyone is getting tired of the bullshit industrial complex that so many companies seem to tread in. If you have zero plans for profitability, zero plans for s

Everyone is getting tired of the bullshit industrial complex that so many companies seem to tread in. If you have zero plans for profitability, zero plans for sustainability, zero ideas for actually creating a new useful product or service then you shouldn't be forcing a semi-fraudulent IPO through the door that is s transparent cash grab for the stakeholders. This is a good thing. The number doesn't always need to go up. Especially when it's all bullshit.

gruglife 7y ago
But that’s the great thing about the market, there still have to be buyers and the public is getting wise about these “semi-fraudulent” IPOs (see WeWork). This is exactly how the market is suppose to work.
- deleted 7y ago
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- Retric 7y ago
  Markets can’t really get smarter over time as they represent all investors. From young teenagers to experienced institutional investors. You just get cycles of people learning the same lessons over again, but that doesn’t last long term just at best a few decades.
  - mantas 7y ago
    That's not how evolution works. The new generations learns aggregated knowledge of previous generations really fast. Babies don't have to invent their toys from scratch, huh?
    - rbrtl 7y ago
      That also isn't how evolution works... You're conflating evolution with education. Education also varies from one generation to the next as the educators learn from their own experience, or are imposed upon by government in curricula and standardisation.