> we have startups that have 0 revenue, 0 product and 0 cash flow now somehow being worth over a billion
replyWhat is one such example?
Many such prominent examples such as Thinking Machines, SSI and AMI Labs and many others like them.
replyOf course, the only reason for this 'valuation' is because of the founding team but that is just not enough.
This is still a crystal clear bubble.