Yeah the whole growth first profits later approach is a big problem. But investors are greedy and they all want the next Google or Facebook. And having interest rates so low for so long only helped this along.
Though I agree sometimes it is purely based on connections, maybe a company is sold out and freemasonic from the beginning (like Google and Facebook). Google and Facebook have all sorts of masonic symbolism. But I think there are also profits made by people who just go viral, as it were, using VC funding only, then sell off at a high valuation without having made a sustainable business model whatsoever. Whatsapp come to mind. They just focus on customer acquisition on a massive scale, then they sell out to a company who wants that huge userbase. Or they IPO and start selling off stock.
Yeah the whole growth first profits later approach is a big problem. But investors are greedy and they all want the next Google or Facebook. And having interest rates so low for so long only helped this along.
Though I agree sometimes it is purely based on connections, maybe a company is sold out and freemasonic from the beginning (like Google and Facebook). Google and Facebook have all sorts of masonic symbolism. But I think there are also profits made by people who just go viral, as it were, using VC funding only, then sell off at a high valuation without having made a sustainable profit whatsoever. Whatsapp come to mind. They just focus on customer acquisition on a massive scale, then they sell out to a company who wants that huge userbase. Or they IPO and start selling off stock.
Yeah the whole growth first profits later approach is a big problem. But investors are greedy and they all want the next Google or Facebook. And having interest rates so low for so long only helped this along.
Though I agree sometimes it is purely based on connections, maybe a company is sold out and freemasonic from the beginning (like Google and Facebook). Google and Facebook have all sorts of masonic symbolism. But I think there are also profits made by people who just go viral, as it were, using VC funding only, then sell off at a high valuation without having made a sustainable profit whatsoever. Whatsapp come to mind. They just focus on going viral, they do, then they sell out to a company who wants that huge userbase. Or they IPO and start selling off stock.
Yeah the whole growth first profits later approach is a big problem. But investors are greedy and they all want the next Google or Facebook. And having interest rates so low for so long only helped this along.
Though I agree sometimes it is purely based on connections, maybe a company is sold out and freemasonic from the beginning (like Google and Facebook). Google and Facebook have all sorts of masonic symbolism. But I think there are also profits made by people who just go viral, as it were, using VC funding only, then sell off at a high valuation without having made a sustainable profit whatsoever. Whatsapp come to mind. They just focus on going viral, they do, then they sell out to a company who wants that huge userbase.
Yeah the whole growth first profits later approach is a big problem. But investors are greedy and they all want the next Google or Facebook. And having interest rates so low for so long only helped this along.
Though I agree sometimes it is purely based on connections, maybe a company is sold out and freemasonic from the beginning (like Google and Facebook). Google and Facebook have all sorts of masonic symbolism. But I think there are also profits made by people who just go viral, as it were, using VC funding only, then sell off at a high valuation without having made a sustainable profit whatsoever.