4 ms·
You're mixing up revenue (the amount of money coming in) and profit (what's left over after costs). Helium doesn't have $6500/mo profit -- their profit is, in
by duskwuff 4y ago
You're mixing up revenue (the amount of money coming in) and profit (what's left over after costs).
Helium doesn't have $6500/mo profit -- their profit is, in all probability, deeply negative. They have $6500/mo revenue.
- dmitriid 4y agoSo they are in a good company then :)
- Dylan16807 4y agoWith who? Because Uber and Lyft are very much not in that group. They're losing small amounts at massive scale, while Helium is sitting at no scale.
- dmitriid 4y agoGood company of "magic combination of no morals, a product and rampant speculation that investors flock to."