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not_your_vase on May 23, 2023 | parent | context | favorite | on: Following UK antitrust order, Meta sells Giphy to ...

You have to spend money to make money.

BonoboIO on May 23, 2023 [–]

Sounds like the SoftBank VC motto

insane_dreamer on May 23, 2023 | [–]

No, SoftBank's motto is you have to spend $10 to make $5.

not_your_vase on May 23, 2023 | | [–]

I think we are all talking about the very same phenomenon.

> Be BigCo

> Buy something for lotsa money

> Sell it for a fraction of the buying price

> ???

> Profit!

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