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That would involve admitting you're a niche company/service and not headed for global dominance. Can't do that.
by fullshark 4y ago
That would involve admitting you're a niche company/service and not headed for global dominance. Can't do that.
- seibelj 4y agoYes they can - once the market stops believing them, private equity takes them private, cuts costs massively and streamlines, then gets re-acquired or goes public again much improved - minus the founder.
- mandeepj 4y ago> not headed for global dominance I guess global dominance is shown more by metrics like MAU/Revenue per user and so on
- rybosworld 4y agoIt is interesting how some companies have a valuation based almost entirely on this illusion. I'm sure there's a Silicon Valley episode that covers this.