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by Schroedingersat
1361 days ago
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Diffuse assets like reputation don't appear on the quarterly asset sheet. So the first time such a company has a bad quarter they'll be forced to pawn them off for cents on the dollar in the name of 'efficiency' ortheir funders will have a tantrum and coup the management. The vc funding model is fundamentally incapable of respecting anything that isn't 'more control for investors and make line go up now' |
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