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OK, agreed on most of that. > If that measurement is used, does it negate the thrust of TFA? How about this part? Is there any reason to think that it would?
by consumer451 2y ago
OK, agreed on most of that.
> If that measurement is used, does it negate the thrust of TFA?
How about this part? Is there any reason to think that it would?
- toomuchtodo 2y agoThe article is basically arguing "immigrant founders good because look at all of these fictitious valuation companies they start and run." Whether you agree with this will be a function of your belief in the data on the topic. The data overwhelmingly shows these valuations are propped up by the VC ecosystem for self interested reasons (greater fool theory), and are not valuations grounded in commonly agreed upon financial fundamentals (and the benefits of these enterprises are tenuous at best), so the appeal to emotion is not effective (in my opinion). https://www.sfgate.com/tech/article/bay-area-venture-capital-bleeding-cash-laffont-19929955.php https://www.sfgate.com/tech/article/bay-area-venture-capital... ”In God we trust. All others must bring data.”
- consumer451 2y ago> so the appeal to emotion is not effective Where exactly in all of this is an appeal to emotion?
- toomuchtodo 2y ago“Don’t you want more billion dollar startups!?” is how I read the title. It is an appeal to emotion of faux innovation and economic dynamism, reading between the lines, which should come as no surprise. The blog author/org is an immigration services law firm. It is content marketing, and their business requires immigration requiring their services to survive. https://www.fosterglobal.com/about-us/ https://www.fosterglobal.com/about-us/