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I think in a traditional market, "hey we have this great tech we'd like to raise capital to operate as a B2B biz" would probably be fine. In the crazy tech/EV/
by steveBK123 4y ago
I think in a traditional market, "hey we have this great tech we'd like to raise capital to operate as a B2B biz" would probably be fine.
In the crazy tech/EV/ZIRP VC-funded bubble, especially the final SPAC-it-rubes IPO cash-out phase... everyone was incentivized to raise way too much money as long as they pretended they'd be able to target and user market of billions. Sort of mutually agreed delusion.