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Because capital investment funded companies have very different goals than a traditional business. A traditional business has cash flow as it's number one prio
by kokokokoko 8y ago
Because capital investment funded companies have very different goals than a traditional business.
A traditional business has cash flow as it's number one priority.
A young capital investment based company has market share and growth as it's top priority.
It's just a product of the priorities of how most modern businesses are created.
- CydeWeys 8y agoThey'd grow faster if the charging stations were easier to use and didn't require signing up days I'm advance just to charge your car. The company that fixes this poor experience and offers a simple credit/debit card payment option, like a standard gas pump, is going to win.
- sokoloff 8y agoDidn’t ChargePoint already win, at least in the US?
- PhasmaFelis 8y agoIt's still hilarious to me that the great investors and moneymen of the world have all gotten together and decided that "step 1 collect users, step 3 profit" is the best business model.