[Animats]

“There are enough zombie companies with frothy valuations that need restructuring, price discovery and of course re-tooling of their business models to a world of tighter credit, subdued revenue and higher rates,”

SVB has nothing to do with that problem. It's about higher interest rates. The end of free money for stupid stuff. Now companies have to make money.

So who's going down? TSLA, UBER, and RBLX already made it to the public markets; they're out of the VC sector. Those are the biggest ones. What are the remaining big money-losers still owned by VCs?

[bobolino123]

Scale AI and Cruise?

[vlovich123]

Cruise is owned by GM

[bagacrap]

TSLA is a stupid money loser?

[temp2022account]

Many think it's overvalued by around 50-500x what the company is worth. From what I've seen they're very good at cash management and continually invest in company facilities, very similar to what Bezos was doing pre-AWS with Amazon's tight margins.

[bagacrap]

Even the loudest, most annoying haters don't think it's overvalued by 50x. More like 10x at most, if you think it's just like any other car company and growth is going to zero.

My point was about the business though, not the stock price. The business is solidly profitable.