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Why Browser Company at $610M is cheap
first, what does this price mean for the browser company?
pretty bad for them: the market sees no future value, josh’s “vision” for browsers couldn’t get better than buzzwords. other than these, it’s “i can’t wait to see what people do with it” while vcs trip over each other to throw cash at pre-idea prepubescents who tweeted a banger one time. you’re in one of the four pillars for cheap now, and if/when a new product area springs up for ai, there’s a product-forward team in prime position to jump on it.
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