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You're giving VCs and institutional investors way too much credit. The amount of educated people who buy things based largely on the fact they are popular and g
by truelson 12y ago
You're giving VCs and institutional investors way too much credit. The amount of educated people who buy things based largely on the fact they are popular and growing is still pretty large, especially in a frothy environment like this one. They're more interested in getting out when it looks like growth is over than fighting the legal system to ensure a business can stay in operation.