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judgement is still out on them but potentially. At the end of the day you have a service that is being subsidised by VC. Vis. Uber, Lyft, WeWork, The Warby Park
by robbiep 7y ago
judgement is still out on them but potentially. At the end of the day you have a service that is being subsidised by VC. Vis. Uber, Lyft, WeWork, The Warby Parker clones...
The real question to come is if a drying up of liquidity is going to torpedo lots of ships. It is simply not possible for a loss making entity to continue losing money forever (unless you are the US Government)