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I was looking at companies like those described here, some of whom went from rapid growth straight to the the rubbish bin. https://fortune.com/longform/failed-
by dventimi 2y ago
I was looking at companies like those described here, some of whom went from rapid growth straight to the the rubbish bin.
https://fortune.com/longform/failed-unicorn-startups-billion-dollar-valuation-unicorpses/ https://fortune.com/longform/failed-unicorn-startups-billion...
Whatever the reason, the outcome is the same: companies held aloft on a cushion of easy money, untethered to market forces, free to pay arbitrary salaries to people easily outcompeting their neighbors who aren't so blessed.