const stack = [];
With Substacks, there are real reporters on Substack, and I don’t want to pretend that there aren’t. There definitely are people who are reliable there. But at the same time, there are a bunch of people who are just some people. If they are making news but nobody’s checking to see if it’s true, you wind up with situations like we’ve seen with the prediction markets a couple of times now, where somebody makes up a Jeff Bezos quote, it’s not real, and Bezos has to come out and deny it. There’s just a way of polluting the information environment that I think this really contributes to.
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Евгений Силаев (Ночной линейный редактор)
市民的观念也在变。齐齐哈尔市文化广电和旅游局副局长陈凤才说起一件趣事。逢年节，市里都会做冰雪景观，营造喜庆气氛。头些年，有市民提意见，觉得是“糟蹋钱”。这两年，眼瞅着“尔滨热”，又有市民提意见，“得多整点花样，让更多的游客知道咱。”
短期看，现金厚度决定了企业的生存底线；中期看，临床与审批节点的顺利推进是估值的稳定器；长期看，唯有实打实的商业化能力才是市值的压舱石。创新药的估值从来不是一次性的定价游戏，而是一个在质疑中反复验证的过程。