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Martinit0
Two Bit da Vinci
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Comments by "Martinit0" (@Martinit0) on "Two Bit da Vinci" channel.
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I think you have it exactly backwards. They neglected the money problem, LOL.
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On the on hand yes, OTOH they spend their own money, not your so there's that.
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VC don't try to create profitable companies. VCs try to create big fast growing companies that are losing a lot of money and then IPO and dump it on dumb retail investors. I challenge you to find a recently IPO'd company that was GAAP profitable at IPO.
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