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'doomed' , really? we are in an epic financial bubble right now that DWARFS all previous bubbles of the past 20 years so much so that janet yellen herself said
by teslaberry 11y ago
'doomed' , really?
we are in an epic financial bubble right now that DWARFS all previous bubbles of the past 20 years so much so that janet yellen herself said "cash is not a good store of value"; meaning the bubble is so big that those who created and sustain it with unlimited cash are so scared of it popping that they will publicly allude to the possibility of unending limitless printing ( and the inevitable hyperinflationary boom it would conclude with ) .
all of the self congratulatory lying and self deception of silicon valley is that it is 'libertarian' and 'independent' , when in fact ALL THE NEW MONEY IN SILICON VALLEY COMES FROM THE FED THROUGH EITHER BANKS OR THE TREASURY BY WAY OF VC AND THE MILITARY RESPECTIVELY.
the boom will end as all booms do and the headline of what 'doomed' makerbot will seem like a joke.
laying off 20% isn't 'doom' by any stretch of the imagination.
if there are problems with makerbots business model, then they were relegated to the parent company which now owns it.
bri pettis is a political genius for ousting his 2 compatriots and keeping the control, and the spoils of the buyout , all for himself.