The speed in which this happened is staggering when you look at the past 100 years of capital allocation. Wonder what it could be?? 😅
I can still remember when a unicorn (billion dollar company) was a thing. Now startups practically raise a cool billy just to get going.
https://www.cnn.com/2023/12/06/investing/elon-musk-seeks-1-billion-xai/index.html
The speed in which this happened is staggering when you look at the past 100 years of capital allocation. Wonder what it could be?? 😅