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re: Startup mass extinction: E-scooter company Bird (fastest to reach $1B val) now worth $7M
Posted on 12/13/23 at 1:55 pm to euphemus
Posted on 12/13/23 at 1:55 pm to euphemus
quote:
who gets the blame for these bad valuations?
It's an extreme example of the market being forward looking.
Potential will always be a currency but when risk is really fricking on it gets inflated to crazy proportions.
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