I guess I also donโ€™t really get why investors think this company is being truthful to them, or is even remotely viable under its current model
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It's not that they think the company is being truthful, it's just that they think they can make a profit off the company. It's very similar to how none of the grifters actually trust Trump, but they recognize that he's got a golden ticket and maybe they can tag along.
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