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Well, just to show you a microcosm of what happens when VCs find the bigger fool in the public market when they IPO money losing companies…. https://medium.com
by raw_anon_1111 11mo ago
Well, just to show you a microcosm of what happens when VCs find the bigger fool in the public market when they IPO money losing companies….
https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-combinator-companies-a-mixed-bag-of-success-and-struggle-58e9a4006f01 https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-...
> One thing you're right about - Anthropic isn't surviving - it's thriving. Probably the fastest growing revenue in history.
Growing revenue and losing money is not “thriving”
- tinyhouse 11mo agoMost companies will much rather have the problem of becoming profitable given amazing revenue growth than the problem of not having growth but being profitable. (e.g. Dropbox)
- raw_anon_1111 11mo agoBut many of the companies won’t be profitable at all. I’m sure the investors are happy when they find the “bigger fool” after IPO. But someone who invested in the hypothetical “YC Index Fund” wouldn’t be too happy.