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Still, it would be a fallacy to conclude that because a company makes no money, it may be the next Amazon. You need some way to consistently distinguish between
by karaterobot 3y ago
Still, it would be a fallacy to conclude that because a company makes no money, it may be the next Amazon. You need some way to consistently distinguish between unprofitable companies. That is probably pretty hard, and sure enough investors have an embarrassing track record at doing it successfully.
- 93po 3y agoSam Altman has one of the best track records and he chose to go all in on OpenAI without even getting compensated for it, so that definitely says something.