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namdnay a day ago

> technically it is irrational

Only if your company operates in a vacuum, without investors or customers

js8 18 hours ago | parent | next [-]

Investing or buying into something new and unknown is by itself not a rational act (to the extent the thing is novel).

IMHO rationality (optimization) only makes sense relative to a well-defined goal.

poguemahoney a day ago | parent | prev [-]

As an investor, I don't like a investment that throws away 10-30% of its resources, perpetually lowers morale except among the least creative and misses opportunities because their competition is faster.