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Comments by "Fox" (@tomlxyz) on "Overvalued IPOs Return in 2023" video.
@GeoMeridium the whole reason why tech gets so hyped is because it is scales so easily. You can make a few performance improvements and add more servers and quickly serve more customers with little cost. Meanwhile Tesla has to produce one car for each customer and any bigger change in the car means a very expensive change in the factory is required. You can see the problem given how long Tesla struggled financially, only overcoming it by getting hyped so much that they swim in money, not by being profitable but by getting hyped
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