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Do I belong in tech anymore? (ky.fyi)
submitted 4 months ago by [M] to c/technology@beehaw.org
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[–] 3 points 4 months ago (1 child)

Why are they worth so much?/Non are making any money. Its all just a scam and nobody wants to be left holding the bag.

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  • [–] 1 point 4 months ago

    They are making money, don't confuse a lack of profit because of reinvest for failure. Amazon "lost" money for almost a decade.

    Not every company needs to succeed either. Plenty of dead companies from the dot com bubble bursting, yet digital companies are more profitable than ever.

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