You may be correct about the companies having a clear business model, but it doesn't necessarily mean that the expected profits will materialize. For example,

You may be correct about the companies having a clear business model, but it doesn't necessarily mean that the expected profits will materialize. For example, Walgreens partnership / investment in Theranos was spectacularly costly [0]. [0] https://www.washingtonpost.com/technology/2021/10/13/theranos-walgreens-holmes/ https://www.washingtonpost.com/technology/2021/10/13/therano...