It's well known that you have to spend money to make money, as they say. No investor worth their salt simply looks at past profits and decides right then and t

It's well known that you have to spend money to make money, as they say. No investor worth their salt simply looks at past profits and decides right then and there whether a company is a good investment, because past performance alone does not predict future performance. You have to look at the business and economic landscape, think about the business model and make a calculation about how compatible they are. This is especially important for companies recently founded.