5 ms·

Whats the expectation here? That real estate will get 50% cheaper or that users will pay 100% more to rent an office?

• sct202 7y ago
  There's a contribution margin graph on page 72, that kind of tries to explain away their high costs as costs related to their expansion and that their existing locations have a sizable margin that is hidden by all their expansion costs. I don't really buy it, but that sounds like the story they're trying to sell.
  • addicted 7y ago
    That was the Amazon story. I didn't buy it to my loss until only recently.