> how do you loose $1B in a year on $2.2B in revenues and ave any concrete plan at all to become profitable? These are not role models (or similar business mod

> how do you loose $1B in a year on $2.2B in revenues and ave any concrete plan at all to become profitable? These are not role models (or similar business models), however there are several well-known examples of companies that have survived comparably substantial red ink to revenue ratios: Twitter was a red ink machine its entire existence until 2018. Amazon had a net loss of $719m on sales of $1.6 billion in 1999, as they spent aggressively to build out the infrastructure that would facilitate their present advantages. Again in year 2000, they did $2.7b in sales with a $863m operating loss and a $1.4b net loss. Box looks like it will survive based on its latest quarterly burn rate (in 2015 they had $300m in sales and a $200m operating loss; latest quarter was $163m in sales with a $21m operating loss). Tesla has burned enormous amounts of red ink to scale its business. Their 2012 figures were $413m in sales with a $396m loss. Splunk lost $278m on $668m in sales for 2015. Operating income finally turned positive in the latest quarter, after 15 years of losses. Those companies all survived thanks to sales growth that continued to march forward. A bet against Lyft is a bet on their sales having a low upside from here. They have to get a lot larger to bring that $1b loss down to a reasonable level.