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There are plenty of pets.coms running around right now. They have revenue but are structurally poor businesses with terrible unit economics which is why they co
by foobiekr 4y ago
There are plenty of pets.coms running around right now. They have revenue but are structurally poor businesses with terrible unit economics which is why they constantly announce entry into new markets that will go nowhere. Uber, Lyft, … there are tons of these. Go look at the cash flow statements for many of the hype companies and realize they buying revenue isn’t the same as having a company.