3 ms·
I don't think 12 months without revenue is "living on knifes edge"
by pwaivers 7y ago
I don't think 12 months without revenue is "living on knifes edge"
- weare138 7y agoThat's kind of the problem. We don't view companies that go 12 months without revenue as high risk and/or failed investments anymore. How long can companies like Uber continue to raise capital to operate when they're only generating a fraction of the revenue now and investors won't accept the long term risk?
- o-__-o 7y agoAs long as money is cheap, the rich (VCs, Angels) will throw cash at you to satisfy their tax liability. A unicorn going public is just a side benefit.