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Is this one of those “great businesses” that’s never turned a profit and will disappear like a puff of smoke in the next economic downturn?
by valuearb 8y ago
Is this one of those “great businesses” that’s never turned a profit and will disappear like a puff of smoke in the next economic downturn?
- hellot848 8y agoI'd say it's more likely to peter out/be acquired and killed due to the overall lack of vision. Discipline is good for local optimization, but it doesn't build huge companies on its own.
- ztratar 8y agoRead the article. See where she says "we're default alive" in an email to her company? That means they were profitable back in 2016. I assume now with extra capital that might not be the case, but that's the re-invest in the growth strategy, a la Amazon (which is smart).