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> If your costs aren't growing as fast as your revenue, then it's easy to turn a profit if you choose. Doesn't that make a lot of assumptions about assets, exp
by robmccoll 7y ago
> If your costs aren't growing as fast as your revenue, then it's easy to turn a profit if you choose.
Doesn't that make a lot of assumptions about assets, expenditures, and business model?
If I start a business handing out $0.99 to anyone that gives me $0.90, I think I could easily grow revenue at a 10% loss for as long as investors were willing to fund it.
- eanzenberg 7y agoIf your business is selling $0.99 for $0.90, then its costs are growing FASTER than its revenue. You are describing UBER vs. someone like AMZN.