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When you take on a project that requires leverage of 100:1 over your current annual profit, I'd argue you are a startup again. That commitment will easily swall
by grizzles 8y ago
When you take on a project that requires leverage of 100:1 over your current annual profit, I'd argue you are a startup again. That commitment will easily swallow the company.
Note: I'm generously estimating their profit at around $1M year. ~$100M was the cost to bring up the Essential phone.