Unicorn: Difference between revisions

198 bytes added ,  4 October 2020
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{{g}}A superficially intriguing idea, as long as your powers of disbelief-suspension remain strong and your conception of your own [[cognitive dissonance]] weak. But, fundamentally, a stupid idea, as is evidenced by the fact that if one ever did evolve — and the fossil record suggests it did not — it didn’t last long enough to make an impression an anyone but the hippies.
{{g}}A superficially intriguing idea, as long as your powers of disbelief-suspension remain strong and your conception of your own [[cognitive dissonance]] weak. But, fundamentally, a stupid idea, as is evidenced by the fact that if one ever did evolve — and the [[fossil record]] suggests it did not — it didn’t last long enough to make an impression an anyone but children and hippies.


The {{t|metaphor}} bears unusually close examination. As long as there are willing customers able to durably suspend their disbelief - that this time is, in fact, not different; that a permanently [[cashflow negative]] enterprise must eventually hit the skids however patient are its financiers and those pouring their own [[capital]] into its leaking bucket - those telling the [[unicorn]]'s tale, whether they be children's authors or equity research analysts, are free to weave their magical stories for the wonderment of others and enrichment of themselves.
Also, a [[tech startup]] with supernatural power to defy or even repudiate the established canon of financial analysis, laws of physics etc.
 
The {{t|metaphor}} bears unusually close examination. As long as there are willing customers able to durably suspend their disbelief that [[This time is different|this time is, in fact, ''not'' different]]; that a permanently [[cashflow-negative enterprise]] must eventually hit the skids however patient are its financiers and those pouring their own [[capital]] into its leaking bucket those telling the [[unicorn]]’s tale, whether they be children’s authors or [[equity research analyst]]s, are free to weave their magical stories for the wonderment of others and enrichment of themselves.


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