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Yeah the shocking thing about tech is how little revenue there is relative to investments. GP is exactly wrong.
by Ericson2314 6y ago
Yeah the shocking thing about tech is how little revenue there is relative to investments. GP is exactly wrong.
- asdfasgasdgasdg 6y agoMaybe in startups. The companies that are generating these vast amounts of wealth are large tech cos like Apple, Google, Facebook, Microsoft, Oracle, Netflix, etc. which all are making absolute craptons of profit over the medium term.
- Ericson2314 6y agoRight. The thing we saw before was expectation of the latter influencing expectations of the former, but that might be finally starting to change.