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What about those billion-dollar companies that never made money but got acquired by FB, MS etc? Their founders did build a company, but if it wasn't for FAANG's
by cblconfederate 6y ago
What about those billion-dollar companies that never made money but got acquired by FB, MS etc? Their founders did build a company, but if it wasn't for FAANG's insane profitability, which makes the cost of their moat so high, they wouldn't be worth that much. They essentially joined facebook as employees to make their billions.
- winkeltripel 6y agoAverage exit event (going public or getting bought) won't out-pay working for FAANG. The chances that it does are like 10%, and that's if there is a real exit, instead of just a wind-down.