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It is sustainable and there is such a thing as free money. Ultimately all this useless activity traces back to governments and their obsession with GDP. Asana h
by thu2111 6y ago
It is sustainable and there is such a thing as free money. Ultimately all this useless activity traces back to governments and their obsession with GDP. Asana has never made money but it spends money so it counts as economic growth. The money itself comes from QE and government manipulations of the markets via printing. There is in fact no reason why governments cannot keep forcibly reallocating money from savings to startups forever, and given that sound money has vanished from the political conversation for many years now, it likely will.
It's a depressing thought, really. There is no use in attempting to play by the rules and building something useful for an effort that can justify the results. Governments don't care about that. What they care about is that you're doing something. Exactly what you're doing, doesn't matter.
- grey-area 6y agoThe cost of money changes. If your company is only sustainable with free money it will inevitably fail when money costs something to borrow.