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Either way, you really need a better breakdown to understand how good or bad this is. Even something as basic as COGS or gross margin will tell you how sustaina
by mason55 6y ago
Either way, you really need a better breakdown to understand how good or bad this is. Even something as basic as COGS or gross margin will tell you how sustainable (or not) the business is.
Just because the losses are scaling with revenue growth doesn’t mean the business is unsustainable. It could just mean they’re sinking a ton of money into sales/marketing/r&d because they view their market as a land rush.