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There is operating at a loss because you are reinvesting (see: Amazon) and there is operating at a loss because your business isn't viable. Soundcloud is somewh
by sosborn 11y ago
There is operating at a loss because you are reinvesting (see: Amazon) and there is operating at a loss because your business isn't viable. Soundcloud is somewhere in between those two extremes.
- taylorwc 11y agoVery true--Amazon would never have a going concern statement issued in its audit, because it voluntarily reinvests what would otherwise be operating profit. I was thinking more along the lines of a company like Sprint, where they are only solvent through issuance of debt and outside investment.