TLDR Tech / Founders
Revisiting the Outcome Distortion Complex
Uber burned cash, courted controversy, and became a massive public company. WeWork did the same things and went bankrupt. The behavior didn't change, only the verdict did. In 2022, investors admitted ZIRP-era excess had pushed companies to build for the wrong environment. The same dynamics are back now under a cleaner label called AI, and "this time we know what we're doing" has historically not aged well.
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