Re:Canva becomes Australia’s only privately backed tech star...
by sigstoat on Monday January 08, 2018 @07:02PM
(#16102190)
> You're asking for the core mechanism of wealth creation in technology to be dispelled.
what is, or is not referred to as a "unicorn" is not a core mechanism of wealth creation.
all they said was "I wish ... call companies unicorns when they “profit” a billion dollars a year."
obviously the valuation mechanism can't change, but we could all agree to be less impressed by noisy valuations, and more impressed by realized profits.
what is, or is not referred to as a "unicorn" is not a core mechanism of wealth creation.
all they said was "I wish ... call companies unicorns when they “profit” a billion dollars a year."
obviously the valuation mechanism can't change, but we could all agree to be less impressed by noisy valuations, and more impressed by realized profits.