It was IBM’s initial disinterest more than anything else that locked out AMD.
The threshold for going public in the U.S. has changed dramatically. Two decades ago, companies routinely listed at valuations of a few hundred million dollars. Amazon went public in 1997 at roughly $438 million. AOL, one of the defining IPOs of the early internet era, delivered returns exceeding 100x from its public debut to its peak. Public investors participated in the full arc of value creation.
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Richard Peng, University of Waterloo,这一点在豆包下载中也有详细论述
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但那次,他的行为越过了我的底线。