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raw_anon_1111
17d ago
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Which is completely meaningless. Anyone can sell a bunch of one dollar bills for 50 cents
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compiler-guy
17d ago
That was the proper takeaway during Amazon.com’s preprofit stages.
raw_anon_1111
OP
17d ago
https://en.wikipedia.org/wiki/Survivorship_bias
compiler-guy
16d ago
A more sophisticated analysis would involve checking available capital vs run rate and whether or not there is a viable business underneath.
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