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> but the reality is whatever Silicon Valley has, you can't bottle it. Financing, escalating rounds of investment betting on market penetration without regard
by austin-cheney 2y ago
> but the reality is whatever Silicon Valley has, you can't bottle it.
Financing, escalating rounds of investment betting on market penetration without regard for profit. Nobody else is willing to wait up to a decade funding companies with increasing orders of magnitude of money every two years if they don’t make money.
- acchow 2y agoIt’s more than that, because the VC money willing to put up with such long delays for payout can certainly invest in companies anywhere in the world.