Re:Superlinear Returns
by yawnxyz on Tuesday October 17, 2023 @05:15PM
(#37921678)
All bacterial growth hits "stationary phase" at some point before collapsing, and he seems to miss that most empires and companies do the same.
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Because the goal of a vulture crapitalist is to sell at the exponential part of the sigmoid curve.
And of course, sell the idea that "the next big idea" is exponential at 30x..... Until you hit the top of the sigmoid.
Wash, rinse, repeat.
FYI all those examples are PE, not VC. Fairly different. Not that VC doesn’t have its own problems, but yeah.
Re:Superlinear Returns
by mathackernews on Wednesday October 18, 2023 @12:13AM
(#37924779)
Yes it's a nice article but it doesn't take into account situations where the Law of Diminishing Returns applies.