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What happens, then? If Square goes out of business, does that hurt Silicon Valley overall? What about if they just continue as a zombie company taking huge am
by rdl 13y ago
What happens, then? If Square goes out of business, does that hurt Silicon Valley overall? What about if they just continue as a zombie company taking huge amounts of. Only from dumb non vc investors to stay afloat? Or if they ultimately sell for a down amount?
A rushed IPO seems less damaging than these, but not sure if they can pull it off.
- steven2012 13y agoSquare makes too much money to "go out of business". Worst case is that someone buys them for less than their investors hoped.
- rdl 13y ago"Makes" in the sense of loses/makes negative, yes. (I guess they have positive gross margins, so they could always kill all R&D and then sell the core business to a processor or someone)