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Their business is doing extremely well. They can turn on profitability any time they want. As an investor, I would not want them to turn a profit at this stage
by askafriend 8y ago
Their business is doing extremely well. They can turn on profitability any time they want.
As an investor, I would not want them to turn a profit at this stage with so much headroom left, especially internationally.
If they choose to go for profitability this early on, then I take it as a negative signal.
Profit is too simple of a number to focus on. It doesn’t tell any kind of story by itself. But it’s a tempting number to latch onto.