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The key point in that is that many IPO buyers are willing to believe in imaginary revenue that will never be extracted. Extracting revenue as a goal in and of
by sclarisse 3y ago
The key point in that is that many IPO buyers are willing to believe in imaginary revenue that will never be extracted. Extracting revenue as a goal in and of itself uses a different playbook than IPOing.
- itronitron 3y agoYeah, IPO (or VC) capital at this point is a Pavlov's dog trained to expect riches from every additional bit of private information in the data feed.