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by dv_dt
29 days ago
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That's a good question, but to me it is not not odd at all to see continuity of growth in that all hugely profitable lines start smaller and grow. The proposition of the VC startup industry is the same at the core of it. Do many small things that can become big, only this is a more organic expertise driven decision basis for building the expertise instead of hype cycles and FOMO Look at it this way, you need to maintain the expertise anyway, originally for the Toilets, but you only need that expertise sometimes, and to be experts worth anything at all, they need to do things outside of what the company is already doing to deepen and maintain that expertise. If you have a set of highly technical experts operating like mini startups - is it a surprise that one might become a unicorn in the balance sheets from time to time? |
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