I prob shoulda been a non-profit.. 🤔 just look at all these super-successful non profits, like openAI. Damn, and it's just free money basically would go in the trash anyway.. fuk! Meanwhile, my state decided they should charge sales tax on web development ffs 🤡
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That’s a common playbook in the fiat world.
Borrow massive amounts of money, build a company, borrow even more to fuel expansion, and focus on growth rather than profitability. The goal is to capture attention, then go public, using investor funds to keep scaling. The emphasis is on expansion, because growing quickly often appears more successful than focusing on profit. This cycle continues, with the company relying on investor money to keep growing, sometimes at the expense of actual earnings, until... well, until the strategy either pays off or collapses.
If you're willing to leverage debt, go for it.