this post was submitted on 17 Feb 2025
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Technology
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He doesn't need to, they don't have a business model anyways
The business model is pretty clear, put out as much hype as possible, overinflate the stock price, cash out and leave the chumps holding the bag.
I doubt that's their plan, since they aren't on the stock market.
...and yet are tying to change to for-profit model
Yes, but that does not mean they want to be publicly traded.
There are plenty of privately held for-profit companies, for example Valve. Their business model does not involve stock prices, in fact it is impossible to buy Valve stock.