Witnit

Steve Randy Waldman (@interfluidity.com) โ€” Bluesky

Eh, that is only really true for mature companies. For start-ups and companies without a large revenue base stock sales absolutely do finance investment and capex. In fact, thatโ€™s the whole fucking purpose of them in the first place! Why would you write something this transparently wrong and stupid?

I hate this kind of smug but incorrect (but correct in some situations) clowninshness. Weโ€™ve allowed nitwits and pseudointellectuals to dominate all.

Leave a Reply

Your email address will not be published. Required fields are marked *