TCI wasn't a startup.
So it can't be compared to 2020 startups in this way.
Because...you are starting the comparison at a different point in the companies life.
This is comparing markets almost 50 years apart.
Motives and reasoning just aren't what they used to be.
TCI had assets to borrow against.
TCI had a monopoly in their areas, and existing customer base.
They gamed the tax system for profit.
They weren't looking for over valuations from Wall Street with a view to selling out for the $$$
TCI wasn't a startup. So it can't be compared to 2020 startups in this way. Because...you are starting the comparison at a different point in the companies life.
This is comparing markets almost 50 years apart. Motives and reasoning just aren't what they used to be.
TCI had assets to borrow against. TCI had a monopoly in their areas, and existing customer base. They gamed the tax system for profit. They weren't looking for over valuations from Wall Street with a view to selling out for the $$$
Ok I'm bored now