It's a strange age to be living in. On the same day I've visited people in a WeWork, been driven around in an Uber, and had food delivered by Deliveroo. All of them blowing a huge load of money for the privilege. If they don't make back this money, it will represent a huge waste of resources. It's private money behind, but I still wonder whether this a reasonable way for the economy to run. For one, it means the litt…
I won't pretend to understand the world of unicorn startups, but it's important to remember that this isn't how the economy is run. For all the billions being set on fire here it's still a relatively small piece of the technology sector, much less the economy as a whole.
[1] https://www.nytimes.com/interactive/2018/08/02/technology/ap...
[2] https://www.marketwatch.com/story/this-1-chart-puts-mega-tec...