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That depends on how you read it. I read it as maybe we just barely manage to. Also don't EBITDA me, that can be 'adjusted' in many interesting ways.
by LargoLasskhyfv 5y ago
That depends on how you read it. I read it as maybe we just barely manage to. Also don't EBITDA me, that can be 'adjusted' in many interesting ways.
- lhorie 5y agoSure, but the original point wasn't about whether bottom line is red, it was about whether it's an investing ponzi scheme or an actual attempt at operating like a proper business. It may not be profitable on an absolute basis (many unicorns aren't), but that's very different from having your entire business plan centered around never ending VC rounds. Generally speaking, once a company goes public, it must start showing results.
- LargoLasskhyfv 5y agoHrm.