It would be better if investors gave no reason when they turned cos down than their usual "it's not you, it's me" reasons.
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You say "crowded market" is a "bogus rejection" and present Google as evidence; argument is only valid if Goog success was related to market
No. To work as a counterexample, all Google has to do is succeed despite being in a crowded market.
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You're really saying Google's success despite being in a crowded market means that ALL investor criticism based on crowded markets is bogus?
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By that logic Trump's win is a valid counterexample to "bogus" criticisms of his campaign platform. Outliers are not data.
End of conversation
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