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The current tech business model: raise billions, go public, figure out the rest later

Spencer White

QUOTABLE

Put all these hot tech IPOs together in a pot, and they’d make one enormous, money-losing super-unicorn.

– @jglasner on how current tech business model is to raise as much money as possible, go public, and figure out the numbers later

This post originally appeared on The Basis Point: The current tech business model: raise billions, go public, figure out the rest later

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