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Silicon Valley Adjusts to New Reality as $100B Evaporates

4 pointsby carty76ersover 5 years ago

1 comment

Causality1over 5 years ago
I think you mean "adjusts to reality". The only new thing is this phenomenon where as long as a company is growing by 50% a year it's perfectly fine if it's losing five billion dollars a year and has absolutely no idea how to ever make a profit.
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