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And liable to make money at it, on a "greater fool" basis - a successful sale (exit) is not necessarily a successful, profitable company ...
by B1FF_PSUVM 2y ago
And liable to make money at it, on a "greater fool" basis - a successful sale (exit) is not necessarily a successful, profitable company ...
- thrw42A8N 2y agoIn the case of YC, their stake is so low that they don't really get any upside unless it's a successful, profitable company.