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Series F by itself isn't necessarily a bad thing anymore. Uber, Lyft, Airbnb, Snowflake all had Series F rounds at one point.

• not_jd_salinger 5y ago
  Have any of them figured out how to generate a profit or have they just switched from extracting money from VCs to extracting it from the public?
  • distrill 5y ago
    Is profit not normally extracted from the public? Rideshare costs are definitely increasing as they move towards profitability, this seems to be the expected and reasonable path towards that.
    • logicx24 5y ago
      Similarly, Airbnb has been profitable for a while. Snowflake is also moving towards that.
  • jrsj 5y ago
    The ability to generate a profit and investment rounds aren’t mutually exclusive, but if you’re focused on growth you’re not going to have profits because you’re going to be spending all of your money on growing. That doesn’t necessarily mean you couldn’t drastically reduce expenditures and become profitable if investment wasn’t an option (or just an unfavorable option)