Just how does Silicon Valley survive like this! RUBRIK
10 year old company, no profits, massive loss, yet many of its employees are millionaires today! And this is the story of many SV companies! Then we have companies like BOX, 20 year old with paltry profits to say the least! https://www.cnbc.com/2024/04/25/rubrik-ipo-rbrk-starts-trading-on-new-york-stock-exchange.html
CNBC
Market manipulation. It will come down in the next 6 months or so but the short options are too costly since nothing is available in the market.
Rubric valuation didn't go crazy compared to what it was 5-6 yrs ago. Unless you were at the company since 8-10 years, the new millionaires would have still been millionaires if they joined FAANGs or any decent performing stock.
I’ve honestly never heard of this company before. Now it’s worth billions?
We’re next hopefully
Amazon lost money for decades
That doesn’t mean every loss making becomes an Amazon
Stock pump and dump. Most employees would not be able sell for next few months, stock goes down and nobody makes money other than investors. Story of many startups.
Do you know anything about the company and the product? How easily do people go around dissing here
It doesn’t matter whether I know about it or not. Short term market is driven by retail investors and they don’t about the company.
Someone’s salty
Box is barely surviving… growing at 4% YoY and barely profitable.
Did you get rejected in the interview?
Tell me you’re an Indian without telling me you’re an Indian - classic Indian response!
Wowww what a brilliant response. You must really be very intelligent to figure out a person's ethnicity or race by looking at a single comment. Very useful talent. You are the future of this world.