An estimated $4 to $20 billion in value, what is he thinking?

  • Limeaide@beehaw.org
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    1 year ago

    It honestly seems like some sort of virus going around. It has affected people I know, strangers I see on the street, CEOs, celebrities, comedians, etc.

    People have just lost their common sense and are more likely to believe the impossible than the improbably. More likely to act out of spite than the interests of society as a whole, or even their own self interest.

    Not sure if it was COVID, the internet, media, or idk what else, but people like Elon are popping up left and right. It’s crazy and I don’t even have the words to describe it.

    • stealth_cookies@lemmy.ca
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      1 year ago

      VCs fucked up the tech industry when capital was cheap by investing in companies that showed potential for massive growth without caring for the viability of the business. Now capital is expensive and these same companies are now trying desperately to make a profit to become a sustainable business because the VCs aren’t blindly giving them money anymore. This is exposing a lot of company’s leadership teams incompetence.

    • Zapp@beehaw.org
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      1 year ago

      These are all very real possibilities.

      Here’s another: The big shot billionaire’s agreed over drinks one night that their handlers - the staff that used to make them look smart - were overpaid.