3 ms·
I completely agree. When the perceived value of a company whose only asset is a clever idea and some hype is bigger than that of a established company with a re
by dguaraglia 14y ago
I completely agree. When the perceived value of a company whose only asset is a clever idea and some hype is bigger than that of a established company with a real business model (say, Philips) you know you are treading into make-wish territory.
But nooo, say that to most people in the industry and they'll chew your head off for being narrow-minded and oblivious to how 'the economics of startups' works.
- EternalFury 14y agoOh, you will be down-voted times and times again for even posting things like that. It's self-preservation, since a large percentage of current start-ups rely on similarly ad-driven pie-in-the-sky schemes where the best and only possible exit is a sale to Facebook or another large entity with more money than sense.