There are tons of examples of unprofitable companies, with no visible prospect o... | Hacker News

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		marcus_holmes 9 months ago \| parent \| context \| favorite \| on: 23andMe files for bankruptcy to sell itself There are tons of examples of unprofitable companies, with no visible prospect of ever becoming profitable, trading at increasingly-higher values. Every tech bubble has their share of these.

merb 9 months ago [–]

yeah but 23andme was already falling when she wanted to buy the shares. It was overvalued and people already lost trust at the site.

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