4 ms·
Their pace of losses are increasing at about 50% more per year. Most companies that file to go public are at least losing less money over time with a path to p
by gsibble 11y ago
Their pace of losses are increasing at about 50% more per year. Most companies that file to go public are at least losing less money over time with a path to profitability. I don't see how this bodes well for a strong IPO.
- meatysnapper 11y agobecause the future looks worse, and they want to make some money while they still can?
- ovulator 11y agoBut you can also have to look at it as a percent of revenue. If their revenue growth is 100%, 200%, 500% then those losses are diminishing as a percentage of revenue. I actually didn't look up what their revenue growth was, I am just saying that is the case. But either way, it doesn't paint a really rosy picture.