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simianwords 2 days ago

Let me get this straight.

I was replying to this: "So far Lyft seems to be doing okay, which proves the business plan doesn't really work." when I said Uber is profitable

Your retort to that was S&P grew more than Uber, which is a nonsensical argument. Our standard for what is a good business is if it grows faster than S&P after going public?

Edit: I dug up some research related to this, most companies do worse than S&P after becoming public. What's your point then?

nly 12 hours ago | parent [-]

Most people can't invest in a company pre-IPO, so it's irrelevant

The same is currently true of Anthropic.