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From what I have read, their margins are non existent. They are not aiming to turn a profit right now.
by CameronNemo 6y ago
From what I have read, their margins are non existent. They are not aiming to turn a profit right now.
- panny 6y agoLooking at crunchbase, they've only raised funds using a kickstarter once. It seems like they're making enough to pay salaries and keep the show going. I know some of their products are not priced for profit, but the company as a whole seems to be doing well and growing. It doesn't seem like the typical overhyped SV company that only survives on VC money.
- nine_k 6y agoWho is funding them in this case, and why?
- modo_mario 6y agoThe consumers? Not turning a profit doesn't mean they don't get enough to pay their own wages and maybe even grow slowly.