stackyFACTSVenture capitalists are frequently, hilariously wrong.
Venture capitalists are frequently, hilariously wrong. Back in 1999, the concept of emailing money to strangers on the internet seemed so absurdly dangerous that PayPal was publicly lampooned. It was crowned one of the worst business ideas of the year by financial analysts who assumed it would be an immediate paradise for fraudsters. Cut to today, where it processes billions, leaving those early critics looking monumentally stupid.
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