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What is the venture capitalist rhyme for "fake it until you make it" but starts with "hype it..."?
by saltcured 2y ago
What is the venture capitalist rhyme for "fake it until you make it" but starts with "hype it..."?
- NoFunPedant 2y ago"Market the hype till the market is ripe"?
- Jensson 2y agoIt is "pump and dump", hyping is pumping.
- xk_id 2y agoVCs just need to make sure there is enough hype by the time AI startups IPO, so that they can cash out. It's part of a bigger trend in finance, arguably caused by quantitative easing. It's why Uber could IPO, while they had never made a profit; but because of the hype, their stock price did great on day 1.