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> Roose could have rapidly found enough information to cast doubt on Helium's sustainability. Couldn't a similar accusation be levied against a lot of other hy
by haasted 4y ago
> Roose could have rapidly found enough information to cast doubt on Helium's sustainability.
Couldn't a similar accusation be levied against a lot of other hyper-growth startups, eg Uber? They were heavily subsidizing rides to grow and might not actually have a workable model if the subsidies are removed.
- dmitriid 4y ago> Couldn't a similar accusation be levied against a lot of other hyper-growth startups, eg Uber? They were heavily subsidizing rides to grow and might not actually have a workable model if the subsidies are removed. Yes. Yes it could, and it must. Uber lost over 20 billion dollars over 10 years. It's not a business. It's a speculation and price dumping vehicle.
- cuteboy19 4y agoOnly difference is that bagholders won't be retail in those cases.
- haasted 4y agoUber is listed on NYSE, so there's plenty of opportunity for retail to get in on the action.