It doesn’t, because “venture capital backed hyper growth startup” isn’t a business model, it’s a pyramid scheme. The survival of the business after IPO is irrelevant.
Re:Raise Less, Build More
by monissiddiqui on Tuesday August 29, 2023 @12:09AM
(#37303486)
Increase value for the shareholders taken to it's logical extreme. Just gotta increase the perceived value to the potential bagholders so the current bagholders can wipe themselves clean.
These companies are unprofitable and not default alive, but if you can keep pumping them until they become profitable, they survive.