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Oh don't you know they want to IPO to cash out on gullible public investors based on hype. With accelerating losses as revenue grows means each dollar of revenu
by kevin_b_er 8y ago
Oh don't you know they want to IPO to cash out on gullible public investors based on hype. With accelerating losses as revenue grows means each dollar of revenue has negative return. More revenue means more negative return.
They only way to win is if they monopolize a segment enough that they can jack up prices to make up for the sustained losses. Other ways this looks like Groupon. The more they sell, the more they lose. It is like some kind of pyramid scheme.
- autokad 8y agoi dono about Groupon. with 'their more they sell more they lose' balance sheet, I thought they would go out of business in 2012 but they are still here, so maybe I was wrong about them?