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In response to
"time and again, destruction of viable business models mostly gets back to Wall Street/PE’s “growth uber alles” mindset -- (link)"
by
hollywood big shot
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it's the idea that you can somehow have infinite growth in a finite space.
Posted by
colin (aka colinski)
May 2 '23, 12:45
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if you grow 20% YOY, how long is it until you run out of subscribers, resources, ideas, etc... growth can't be the only metric, but it currently is. crypto is kind of the ultimate distillation of the entire idea - this thing based on nothing should have infinite growth.... even though at some point you might want to cash out, or, heaven forbit, use the crypto for buying things, and those actions halt growth.
sustaining with solid profits should be acceptable.
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