Re:Sell your startup for half a billion and get nothing (2021)
by thelastparadise on Tuesday March 05, 2024 @09:33AM
(#39603946)
Yeah basically the investors let them larp as businessmen and they churned the investment capital and produced a bunch of hot air and imposed opportunity cost on the investors.
The bottom line is these guys were not profitable.
But the investors got very lucky to not see -100% return.
The bottom line is these guys were not profitable.
But the investors got very lucky to not see -100% return.