Dontero
Banned
Some of the biggest growth companies are now being pumped with money despite not having anything to really show for it: TESLA, Beyond Meat, Virgin Space. We're in a current state of euphoria driven mostly by speculation.
Going by that analogy any investment that doesn't bring money on day 1 is automatically failure and shouldn't be funded.
That is not how investment works. Companies aren't your private house income. They take bilions of dollars of loans to see maybe 5% profit in next decade. Good example of that is food market. Whole sector works on 1% margin rates. Everything they build is being paid of in 10-20 years due to that.