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"We have incurred significant losses since inception and may never achieve profitability" is pretty standard in S-1s. Nothing particularly interesting in these
by 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?