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If you look at the past 10 years (or more) this has been the case with nearly every single poster child of successful US tech company. Look at YCombinator's to
by troupo 3y ago
If you look at the past 10 years (or more) this has been the case with nearly every single poster child of successful US tech company.
Look at YCombinator's top/most darling startups. Hardly any of them are profitable or sustainably profitable
- belter 3y agoMy old fashioned view is, and notwithstanding periods of debt for grow investment, if you don't make a profit, you don't have a business.
- rqtwteye 3y agoIf you have enough money, you can kill a lot of viable businesses though.
- piva00 3y agoSeems like the model has been to sell it to the next sucker all along: an acquisition by a bigger company, the stock market, or just another PE company. Never to actually create a proper business...