4 ms·
Revenue does not matter on a private company profit is more meaningful. What’s the point of doing 10b in volume if you loose money on it and have no path to pro
by rdtwo 4y ago
Revenue does not matter on a private company profit is more meaningful. What’s the point of doing 10b in volume if you loose money on it and have no path to profit. It’s smarter to do 1B and make 2-300m profit
- fsckboy 4y agorevenue always matters, it's how you know market share, it's how you know margins, etc. etc.
- rdtwo 4y agoBut having a large share of an unprofitable market produces little actual value to your investors if you have no pricing power. It only makes sense to peruse it in tech where you are looking to unload it onto the next sucker. If you aren’t planning to do a rug pull or go after government subsidies it’s a bad plan