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The problem is, out of ten companies who take this approach, nine will indeed destroy themselves and one will end up with a trillion-dollar market cap. It will
by CamperBob2 6mo ago
The problem is, out of ten companies who take this approach, nine will indeed destroy themselves and one will end up with a trillion-dollar market cap. It will outcompete hundreds of companies who stuck with more conservative approaches. Everybody will want to emulate company #10, because "it obviously works."
I don't see any stabilizing influences on the horizon, given how much cash is sloshing around in the economy looking for a place to land. Things are going to get weird, stupid, and chaotic, not necessarily in that order.