The main difference is that I can drive around in a Tesla and it seems like a pretty nice car. I don’t own one but it can’t really be a hoax at this point.
So cool.
Made me curious if there are any "pre-revenue" startups (let's say revenue < .5% of expenses) that IPOed and didn't eventually collapse. After all, it is a particularly ballsy move to IPO without any actual revenue, never mind profits.