A valuable company wasn't created in the end, but all kinds of value spewed out of this endeavor. The co-founders almost certainly walked away filthy rich. A few hundred people got 6-figure paychecks. A few early investors probably made a profit selling to greater fools.

It is rumored that their last round valued them at $6B.

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skeeter2020 an hour ago | parent [-]

accrete means grow or make larger/greater; this is the opposite were a bunch of value moved around, some was lost (from an efficiency / opportunity cost perspective) and a bunch was concentrated into the hands of a few. That's not value growth.

	▲	roncesvalles 21 minutes ago \| parent [-]
		True, I meant to say value was ejected from this i.e. there were some peripheral winners. I had a totally wrong definition in my mind of the word "accrete" (I was linking it to accretion discs around black holes).