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>but rather grow fast, build hype, IPO, cash out move on model you missed the step where you completely destroy the established market, and then when you're th
by p0pcult 4y ago
>but rather grow fast, build hype, IPO, cash out move on model
you missed the step where you completely destroy the established market, and then when you're the only game left in town, make for a more expensive and/or worse product/service than what existed before.
- scarface74 4y agoAnd when has that actually worked in the last decade to create a sustainable profitable business? I can think of one - AirBnb.
- fallingknife 4y agoWhat existing market did Airbnb destroy?
- scarface74 4y agoI’m ignoring even “existing market destroying” and just looking for tech companies that are even consistently profitable that went public in the last decade.
- p0pcult 4y agoHousing markets in many cities globally.
- majani 4y agoMindGeek (owner of Pornhub, Brazzers et al)
- nicbou 4y agoBreaking laws, stripping their lower echelons of their dignity, burning investor money and - if given the chance - destroying the planet.