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> Hype is the fuel that bootstraps fortunes in techtopia. Hype is the fuel that builds fortunes at the expense of the greater fool. See WeWork. Arguably none
by riffraff 2y ago
> Hype is the fuel that bootstraps fortunes in techtopia.
Hype is the fuel that builds fortunes at the expense of the greater fool. See WeWork.
Arguably none of the magnificent seven was built on hype, other than Tesla (and even there, not sure it was).
- notfromhere 2y agoIt’s overvalued relative to its actual business, which is by definition hype
- riffraff 2y agoI agree it's wildly overvalued, but the hype came gradually over many years of actually shipping products that made money. It's not the same kind of hype as, say, color.com