However Jet is only cheaper because it's VC subsidized. Walmart was cheap because of their efficiency and vendor contracts (and abysmal employee conditions that

However Jet is only cheaper because it's VC subsidized. Walmart was cheap because of their efficiency and vendor contracts (and abysmal employee conditions that followed). They were profitable from the beginning. Jet will eventually have to IPO for the investors to liquidate. I feel as a pure ecommerce store, they're going to have to be profitable or wall street will tear them up.