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posted 2 years ago by GynaNumbaZero 2 years ago by GynaNumbaZero +37 / -2

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– KiloRomeo 2 points 2 years ago +2 / -0

And their platform is only worth the present value of a decaying series of cashflows. They have to continue to scale faster than the erosion or growth becomes decline. Yet their valuation seems to assume this game can continue forever.

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