Markets are realizing that VC funded Ponzi schemes are just that. https://nypost.com/2019/09/13/wework-may-seek-ipo-valuation-as-low-as-10-billion/
Wait, I though the amazon model would make us all millionaires?
Money losses for years as they reinvested into the business. The difference between Amazon and everyone else’s they have a business model that makes money without the need to subsidize their services in order to grow revenue. Now they’re printing cash.
Aka people need to focus on free cash flow. Not BS accrual numbers
"as low as 10 billion". I guess 10 billion don't mean much these days
Dude, Blind isn't a personal blog. What's your point here?
TC?
$300k
And SoftBank was the primary investor (instigator) in its scheme, and ahem (Uber’s)
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And Uber is the major one (if not the first one)