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by jchw
29 days ago
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For the past 3 decades, it really has been normal for companies to remain very unprofitable even up until their IPO, but I don't think it's actually normal in general. In fact, if AI investment really is a bubble and it pops, I reckon it could very well mark the end of this era! (Is there a more extreme example so far of this than AI companies, just in terms of raw losses? As far as I know, Netscape's lifetime losses as an independent company "only" total a bit over $100 million dollars, which is a lot, it just doesn't look like all that much when put into perspective...) |
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