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by TeMPOraL 957 days ago
On the contrary, a typical startup is more of a scam on the users. The investors go in knowingly and willingly - this is literally how they make money. It's the users that get shorted once the startup suddenly gets acquired or otherwise "exists" - and if they do it through an IPO, then it's additionally the public that gets scammed.
1 comments

A "typical startup" loses unfathomably large amounts of money.