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"We have incurred significant losses since inception, including in the United States and other major markets. We expect our operating expenses to increase signi
by cheeze 8y ago
"We have incurred significant losses since inception, including in the United States and other major markets. We expect our operating expenses to increase significantly in the foreseeable future, and we may not achieve profitability."
- kornish 8y ago"We have incurred significant losses since inception and may never achieve profitability" is pretty standard in S-1s. Nothing particularly interesting in these sentences.
- granzymes 8y agoThis exact comment chain seemingly occurs in every S1 post.
- iaabtpbtpnn 8y agoA long time ago, in a galaxy far far away, companies going public used to already make at least _some_ money...
- granzymes 8y agoA more civilized age.
- alphast0rm 8y agoZoom is a profitable company that plans to IPO this year: "Zoom has the very rare and valuable financial profile -- it's growing at over 100% a year and it's profitable" [1], they're not extinct! [1] https://www.forbes.com/sites/petercohan/2019/04/11/zoom-has-mastered-the-art-of-profitable-growth https://www.forbes.com/sites/petercohan/2019/04/11/zoom-has-...
- imjk 8y agoAnd with the S-1s coming at increasing frequency for the next several months, I expect this will be repeated many times
- gcb0 8y agoin silicon valley S-1s.
- mckenna 8y agoReally? Silicon Valley is churning out trashy IPOs of late, and so it becomes the standard?
- bunderbunder 8y agoIt was the same thing 20 years ago, so why not now, too?
- deleted 8y ago[deleted]