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Needing to raise money means they don't have the luxury of volume to produce any product and that it is a risky business. Having raised the money, though, is pr
by toper-centage 7y ago
Needing to raise money means they don't have the luxury of volume to produce any product and that it is a risky business. Having raised the money, though, is proof that they are indeed profitable.
- jakelazaroff 7y agoUnless I misunderstand you, this is not correct. Uber, for example, has raised billions of dollars and has never made so much as a cent of profit.