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0 pointsmlhpdx7mo ago0 comments

Oh wow, that's simply not true. Many investors have spent more than that to prove a point. Sometimes in one place, sometimes over many places and years.

0 comments

crazygringo7mo ago

Ok, who?

Who has invested $1B+ in something they expected would lose money just to "prove a point"? And what was the point?

And Musk buying Twitter doesn't count because he was forced to buy it after it became clear he would lose money. He did everything he could to get out of it.

CafeRacer7mo ago

Ok, so you're saying that there were not a single 1B+ valuation company out there that failed?

crazygringo7mo ago

No, that has nothing to do at all with anything I said.

j / k navigate · click thread line to collapse

0 pointsmlhpdx7mo ago0 comments

Oh wow, that's simply not true. Many investors have spent more than that to prove a point. Sometimes in one place, sometimes over many places and years.

0 comments

crazygringo7mo ago

Ok, who?

Who has invested $1B+ in something they expected would lose money just to "prove a point"? And what was the point?

And Musk buying Twitter doesn't count because he was forced to buy it after it became clear he would lose money. He did everything he could to get out of it.

CafeRacer7mo ago

Ok, so you're saying that there were not a single 1B+ valuation company out there that failed?

crazygringo7mo ago

No, that has nothing to do at all with anything I said.

j / k navigate · click thread line to collapse