4 ms·
Unicorns are just symptomatic of the decadence of late capitalism. Companies that can only exist because of an overabundance of greater fools who create a short
by guiriduro 7y ago
Unicorns are just symptomatic of the decadence of late capitalism. Companies that can only exist because of an overabundance of greater fools who create a short-term "success" from purely trading the inflated capital of a popular but failing startup - totally divorced from its actual business. The enormous prevalence of fraud and reward for failure, of front-runners, bent sell-side analysts, the wretched hive of scum and villany that is Wall St.
A better world is possible.