Why Uber is The Revenge of the Founders
Steve Blank
OCTOBER 24, 2017
— Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. In the 20th century tech companies and their investors made money through an Initial Public Offering (IPO). 2. Information is everywhere.
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