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A comment on My company sold for $100M and I got zilch – how can that be?. Parent comment

Re:My company sold for $100M and I got zilch – how can that be? by vanniv on Saturday October 26, 2019 @12:38AM (#21361754)
Those companies aren't that different than the dot-com era companies.

"We're not $boring_business, we're $boring_business_but_internet" (or, today, it'd be boring but mobile)

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Re:My company sold for $100M and I got zilch – how can that be? by enra on Saturday October 26, 2019 @01:18PM (#21364930)
I think the difference is still that many dot-com era companies didn't have much or any revenues, definitely not in billions.
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Re:My company sold for $100M and I got zilch – how can that be? by vanniv on Monday October 28, 2019 @01:35PM (#21379340)
Yeah, it's true.

This cycle, investors realized that OK, maybe we have to see revenues to believe it's a real business.

But, if you look at things like WeWork, sure, there's revenue, but there's never even been the hope of eventual profit. The business model fundamentally destroys value.

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