2 ms·
"lost $25M" doesn't necessarily mean they set it on fire. If the wording is changed to "invested all their revenues and a further $25M of raised or borrowed cap
by sudhirj 5y ago
"lost $25M" doesn't necessarily mean they set it on fire. If the wording is changed to "invested all their revenues and a further $25M of raised or borrowed capital", wouldn't that make more sense?
The way these arguments are usually phrased doesn't do the company justice. Amazon "lost" money for decades because they were building giant and ambitious infrastructure, not setting burning in on executive parties.