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How can you say it's not a viable business because they're losing money if you don't know their expenses? Uber & Lyft, (and for many years Amazon) were/are losi
by DevinTheDude 9y ago
How can you say it's not a viable business because they're losing money if you don't know their expenses? Uber & Lyft, (and for many years Amazon) were/are losing money. So that means nothing unless you know why they're blowing through cash.
- smt88 9y agoTop post of this thread has their net loss: https://news.ycombinator.com/item?id=15308202 https://news.ycombinator.com/item?id=15308202 They also had to report some more detailed financials when they filed to go public: https://www.cnbc.com/2017/09/21/mongodb-ipo-seeks-to-raise-100-million.html https://www.cnbc.com/2017/09/21/mongodb-ipo-seeks-to-raise-1...
- swyx 9y agolol they literally just made their full financials public