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The reality is, it wasn't sustainable in the first place and had to crash to wipe out all the copycats and the ones who could not generate profits for years. A
by rvz 3y ago
The reality is, it wasn't sustainable in the first place and had to crash to wipe out all the copycats and the ones who could not generate profits for years.
A decade ago many startups could get away with it for years, now VCs are demanding to cut back staff and tighten up the purse.
A reminder that the cheap money era is over.