Direct results of FIAT clown world.
This was also big during the dot com IPO boom.
I remember Bear Stearns (our banker) telling us at HSX that we needed to triple our losses pre-IPO to create the illusion of growth that wasn’t there. We hired KPMG to create the accounting fraud. https://twitter.com/nypostbiz/status/1644379821739319297#m
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