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It's like business economics is flipped upside down in Silicon Valley. Social networks that make little or no revenue are valued higher than companies who do h
by wavephorm 14y ago
It's like business economics is flipped upside down in Silicon Valley. Social networks that make little or no revenue are valued higher than companies who do have revenue. Is earning money a stigma? It's as if you're better off not even trying to earn money, and just pretend that when you do try to monetize that money will magically flow into your bank account.
- larrys 14y ago"It's as if you're better off not even trying to earn money," If you don't have anything good to say don't say anything at all.
- divtxt 14y agoBetter to ignore revenue and be thought worthless, than to attempt to make money and remove all doubt. (paraphrasing)
- cluda01 14y agoFor those who aren't aware, this is an adaptation of a quote from Abraham Lincoln, which went "Better to remain silent and be thought a fool, than to speak and remove all doubt." I've also seen it attributed to Mark Twain as well.