Most 1:1s have been driven by me, at the explicit behest of the manager. "I'm here for you" and "this is your time" are/were common phrases. I found this particularly annoying as a new grad when I really didn't know what I didn't know and just wasn't getting a lot of mileage out of those conversations.
Today there three or four companies in the EV space alone that are either outright universally known frauds (Nikola) or where senior management has told investors that they will run out of money before ever making a product. Yet they all have billion dollar+ market caps (Workhorse, Lordstown, etc...)
Rivian, Tesla, and Lucid do have products but are worth $1.3 trillion together. What do you call that if not insanity?
You would have a case if Vercel has no revenue, or no chance of becoming profitable. I don't know their numbers, and I'm sure the multiple is high, but relating this to EVs is a non-sequitur.
This is the main reason I refer clients to Netlify as I use IPv6 support to measure the maturity of a platform and its engineers.
LOL at this below:
"Seufert estimated that in the first full quarter users see the prompt, the iOS changes could cut Facebook’s revenue by 7% if roughly 20% of users agree to be tracked. If just 10% of users grant Facebook tracking permission, revenue could be down as much as 13.6%, according to his models. The first full quarter with the prompt is the third quarter. Facebook reports second quarter earnings at the end of July."
FB revenue is going to be up in Q3, not down, would bet $10k on that.
Why?
You could also have some kind of AI-driven testing/verification program -- Copilot and <other program> could go back and forth multiple times until the program is deemed correct and returned to the user.
That said it is not necessarily better to produce all crops in low density, high volatility, season dependent environments. Some material % of crops can move to more intelligent indoor settings where yields are higher, weather isn't a factor, and production yields can be scheduled without risk of weather impact. I'm actually a partner in one of these high volume operations in Montana (randomly). Uses less water, has zero soil impact, requires little to no chemical agents and is predictable.
What I hope will continue is crops that are capable of producing profitable and predictable yields in indoor environments will move more and more in that direction. This could serve to reduce soil stress and leave soil for crops that need more space (e.g. tubers) and livestock to aid in improving soil longevity.
Note this is not a plug for vertical farming. That's an entirely different mirage of financial engineering.