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Last Checked Oct. 26, 2022

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Sun Oct 09 19:57:11 +0000 2022

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Nassim Nicholas Taleb @nntaleb

Until the late 1990s, a "startup" was something that could eventually pay off w/future operating profits. Since then, a startup has been a package that pays you back when you sell to other investors who, in turn, hope to sell to other investors by a mechanism known as "funding". — PolitiTweet.org

Posted Oct. 9, 2022