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toomuchtodo • today at 9:00 AM • 1 reply • view on HN

This. The product is the stock, the tech is the fomo theater to sell the product.


Replies

gggy3 • today at 11:40 AM

It’s even more sinister.

The vc’s have to be allowed to cash out - so that money remains a strategic weapon for US venture funds over any other nation re. Funding startups in future - esp capital intensive.

The valuation is a joke but they will be allowed to go on and cash out - just like the investors of spacex.