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But are they making money because the bubble keeps growing or because the companies they invested in turned profitable? I believe it's the former, but haven't
by mupuff1234 5y ago
But are they making money because the bubble keeps growing or because the companies they invested in turned profitable?
I believe it's the former, but haven't done any analysis to back up that assumption.
- mr90210 5y agoI think the former too, most hot startups are just money-burning-machines. Recently I stumbled upon a company founded in 2019, with more 1500 employees, that’s about ~500 employees a year. That isn’t growth, at all, that’s something else.
- cupofpython 5y agoif "growth" is analogous to cell growth, then your example would be similar to cancer