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You should look at the S-1 filed by Lyft - their marketing budget losses was huge - $800M last year, compared to the operating deficit of $977M for that year.
by awalton 8y ago
You should look at the S-1 filed by Lyft - their marketing budget losses was huge - $800M last year, compared to the operating deficit of $977M for that year.
Doesn't seem like it would take a business magician to get this company into the black, albeit at the cost of running red for a year or two more to the tune of a couple more billion dollars burned.