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"In the letter to investors, Raveendran also said the founders have infused around $1.1 billion over the past 18 months" Sunk cost fallacy? Or delaying crimina
by rightbyte 3y ago
"In the letter to investors, Raveendran also said the founders have infused around $1.1 billion over the past 18 months"
Sunk cost fallacy? Or delaying criminal charges? There is no way a valuation can drop this much without some serious scam involved.
- georgeecollins 3y agoThings can be seriously over valued without a crime being committed. Market euphoria, hucksters who don't exactly lie. Not always a crime but something to be aware of. Valuation is not liquidity.