3 ms·
I’m personally very bearish on any consumer focused company that couldn’t turn a profit in 2020-21. You couldn’t have asked for better conditions to make money
by puranjay 4y ago
I’m personally very bearish on any consumer focused company that couldn’t turn a profit in 2020-21. You couldn’t have asked for better conditions to make money than these two years.
If your food delivery startup, for instance, couldn’t turn a profit when your entire customer base was sitting at home, your delivery partners had limited work alternatives, and your restaurant partners had limited bargaining power, how can it turn a profit now when your customers are back in the office, better jobs abound, and restaurants have dine-in customers to look forward to?