3 ms·
With passages like "We have incurred net losses since our founding in 2008, including net losses of $135.4 million , $203.1 million and $187.3 million for the
by raesene9 10y ago
With passages like
"We have incurred net losses since our founding in 2008, including net losses of $135.4 million , $203.1 million and $187.3 million for the years ended January 31, 2015 , 2016 and 2017 , respectively, and expect to continue to incur net losses for the foreseeable future. As a result, we had an accumulated deficit of $676.0 million at January 31, 2017 . "
in their S-1, seems like it'd be a brave investor who wants involved here.
- mydpy 10y agoThis isn't unique. From Snap, which had a net operating loss in 2016 of $515 million, compared with a net loss of $373 million a year earlier: "We have incurred operating losses in the past, expect to incur operating losses in the future, and may never achieve or maintain profitability"