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196 private links
Public and private investors, along with the markets themselves, have become entirely decoupled from the concept of what “good” business truly is, focusing on one metric — one truly noxious metric — over all else: growth.
How the valuation of Meta is decorrelated to some facts such as opt-in of user data in Europe.
Uber accused a loss of 1.21 billion, but the stocks is up 5% (as time of writing). Uber loses money since 15 years... "This is why we see such vast oscillations of hiring and firing - because these companies are never, ever punished for failing to operate their businesses in a sustainable way, or even with a view for the futur"
and more examples.
"Everything ventured, nothing gained"
and the argumentation goes on