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.
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.