4 ms·
They eventually have to turn a profit or pass the hot potato. Maybe they’ll be the next generation of oligarchs supported by the state when they all go bankrupt
by agentultra 2y ago
They eventually have to turn a profit or pass the hot potato. Maybe they’ll be the next generation of oligarchs supported by the state when they all go bankrupt but are too essential to fail.
My guess is that profitability is becoming increasingly difficult and nobody knows how yet… or whether it will be possible.
Seems like the concentration of capital is forcing the tech industry to take wilder and more ludicrous bets each year.