this post was submitted on 10 Aug 2025
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Isn't this just the tech industry. Run at a loss. Eat VC money. Wait. Wait.
Some how you become normalized and suddenly important Next thing you know you're raking profit.
Like the guy that has no friends who nobody really likes. He won't go away. He just sticks around. Nobody ever told him to fuck off. So he's just part of the group.
after crypto, and Now AI, they will be chasing whatever faux tech that comes out next.
and then you go on linkedin and all the middle manager tech bros will hail it as the second coming.
Yep, and they were helped a lot after the 2008 financial crisis when interest rates were dropped super low and loans were cheap. That's a major reason why the market has been screaming for the fed to cut the interest rate as much as possible.