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> Every company at this stage loses money. ... why are companies still getting a pass with this 10 years in? No, this isn't an acceptable excuse here.
by urda 5y ago
> Every company at this stage loses money.
... why are companies still getting a pass with this 10 years in? No, this isn't an acceptable excuse here.
- bawolff 5y agoBecause investors are interested in making money in the end, not some arbitrary metric over if a company is behaving as they should. Whether or not this company makes sense, there are plenty of companies that have been losing money at this stage and ended up working out. (Plenty that didn't too)
- mlac 5y agoMaking money “In the end” (in this case) seems like a cash grab at the IPO. And the question is whether those “plenty of companies” were valued at 6.5 BN.