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points by JumpCrisscross 3 days ago | 0 comments

> not so hard when you're also adding zeros to the funding

Plenty of counter-examples, including the entire dot-com era.

If revenue growth was all that mattered, you could just sell investor dollars for $0.50.

99¢-Theranos style is better. Takes a lot longer for investors to notice.

If you think that's the bar: it's been done, many times over. The unit-cost-profitability test was ignored by many VCs (they learned something and if they had deep enough pockets they got to play again).

[–] JumpCrisscross 3 days ago

> If revenue growth was all that mattered

Straw man. Nobody argued this. What was falsely stated at the start was turning investor dollars into revenue is easy.

I specifically went into unit economics elsewhere [1].

[1] https://news.ycombinator.com/item?id=50243393

[–] Zigurd 3 days ago

Cisco is definitely not a counter example. They survived, but they could be a template for what will happen to OpenAI and/or Anthropic.