[troupo]

Somehow your definition of success doesn't have the actual definition of success: sustainable profitable business.

It's easy to see why: all the startups loudly hailed as successful are running into billions of dollars of debt every year, but keep being propped up by unlimited investor money. In any other industry this would be a failure.

[nickpp]

If they are not sustainable they will go bankrupt. Are you saying all those investors are dumb and just burning money for the fun of it?! That's... interesting. More gain for us consumers then - subsidized goods and services!

[troupo]

> If they are not sustainable they will go bankrupt.

They would if not for the infinite subsidies

> Are you saying all those investors are dumb and just burning money for the fun of it?!

For example, Uber has not been profitable for a single year in its 10 years of existence.

Same goes for most if YCombinator's "top companies".

In which other industry can you lose money (often billions of dollars a year) and still be in business and claim you're successful.

[nickpp]

> infinite subsidies

There is no such thing. Private money is finite, it ends up eventually as investors want ROIs.

> Uber has not been profitable

Actually, they announced their first profitable quarter in 2023.

> In which other industry can you lose money (often billions of dollars a year) and still be in business and claim you're successful.

Well in the Government business, of course! Deficits around the world keep increasing and governments borrow trillions they never pay back.