this post was submitted on 18 Jul 2023
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[–] [email protected] 1 points 1 year ago

tl;dr: reddit

[–] TheBeege 1 points 1 year ago

That's a really fucking good write up. It makes total sense, but there are some exceptions like Facebook. Granted, one exception isn't enough to disprove an entire trend. We'll have to look into how these unprofitable companies perform after IPO