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This. There are more than a few companies where their burn rate + valuation make it impossible to do anything except go full steam ahead. If you lose a billion
by lumost 4y ago
This. There are more than a few companies where their burn rate + valuation make it impossible to do anything except go full steam ahead. If you lose a billion dollars a year on 500 MM in revenue with 2 billion in the bank and cost of goods sold of 600 MM /yr what else can you do? Hopefully you'll continue growing and get to the point where cutting costs leaves a viable business.