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They have no scalable business model that yields profit outside of raising more investment, so yes, somehow they are still startups
by outside1234 5mo ago
They have no scalable business model that yields profit outside of raising more investment, so yes, somehow they are still startups
- mcmcmc 5mo ago> They have no scalable business model that yields profit outside of raising more investment Yeah that doesn’t sound Ponzi-adjacent at all
- marcosdumay 5mo agoA startup is a small, agile company that is trying to grow. Those things have more money than the world, and can't change anything about their business without the house of cards of their investment image falling down.
- outside1234 5mo agoThe classic definition of a startup is "A temporary entity in search of a scalable business model." This incredibly still fits all of these entities.