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> I.E. Uber, Deliveroo, WeWork etc might not be the hugely valuable companies they are today if they didn’t break the rules, regardless of how morally wrong tha
by badpun 4y ago
> I.E. Uber, Deliveroo, WeWork etc might not be the hugely valuable companies they are today if they didn’t break the rules, regardless of how morally wrong that might be.
It yet remains to be seen whether they are a "hugely valuable companies" or just smoke and mirrors for gullible investors in an era of almost free credit.
- Closi 4y agoThe value of a company is effectively just what someone is willing to pay for it, with their assumption of future cash flows incorporated (discounted). So they are absolutely valuable.
- badpun 4y agoRight now. The tulips during tulip mania very also extremely valuable. Let's see in 10 years from now.
- Closi 4y agoJust because something isn’t necessarily valuable in the future doesn’t mean that it isn’t valuable now. (ie something is valuable if you can sell it right now for a lot of money - so all these companies are highly valuable).