Hacker News new | ask | show | jobs
by rawtxapp 1930 days ago
> We've seen billion dollar IPOs on hype alone.

Can you give some examples?

I would expect a company of this magnitude to have done a proper research before paying out half a billion dollars for an acquisition that's not based on hype alone.

1 comments

Instagram. C3.ai. Uber. Heck, Tesla. Curv has the advantage of actually being profitable.
These all had and continue to have enormous amount of users. I'm not sure how you can argue that these all got their valuations based on hype alone.
Users are hype by another name. They lacked revenue.