2 ms·

Article title is inaccurate: this project gets 8K in revenue per year but has almost no profit.

• 1vuio0pswjnm7 4y ago
  "Tech" company "business models" do not require actual profits.
  • bloodyplonker22 4y ago
    You have trivialized and left out the most important part of this: "If it is growing at hypergrowth pace and has a huge multi-billion dollar market."
  • shapefrog 4y ago
    Actual profits only get in the way of "Tech" company "business models"
• BonoboIO 4y ago
  That sounds like an investment opportunity for SoftBank. https://www.standard.co.uk/business/softbank-record-20-billion-loss-tech-stocks-masayoshi-son-wework-uber-arm-greensill-wirecard-b999589.html https://www.standard.co.uk/business/softbank-record-20-billi...
  • angryasian 4y ago
    Tiger Global would be in a very close running for biggest losses https://www.forbes.com/sites/brandonkochkodin/2022/11/08/more-losses-for-tiger-global-from-its-ftx-investment/?sh=69f8f9b63afd https://www.forbes.com/sites/brandonkochkodin/2022/11/08/mor...
    • shapefrog 4y ago
      > has almost no profit It makes too much money for either of your backers.