But my startup is the walmart of blockchain
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"We lose money on every transaction, but we make it up in volume."
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When is the last time the money flows in the economy came even close to balancing? Like, 2005 at most maybe?
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For some further context, aren't a lot fewer companies exiting by IPO this time around than last time, in favor of Mergers & Acquisitions?
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Also we now have SPACs, which we didn't have before, and I don't know what the statistics are on those.
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Is wealth transfer from VCs really such a bad idea?
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I was thinking about this the other day. Did Netflix ever become profitable? They’ve disrupted… everything about this sector of the economy.
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