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I could be wrong but I would imagine that funds raised would be the amount strictly raised from outside investors, not total revenues. Example, Uber still make
by bobthepanda 4y ago
I could be wrong but I would imagine that funds raised would be the amount strictly raised from outside investors, not total revenues.
Example, Uber still makes revenue from its rides, just not enough for a profit and in this case funds raised would be making up the difference.
- hn_throwaway_99 4y agoBut the whole point of "cumulative losses" is that one would assume losses means revenue - expenses. If "revenue - expenses" is a negative number that is far larger than the amount you have raised, how are you not bankrupt yet?
- moralestapia 4y agoYes, this.
- deleted 4y ago[deleted]
- splitstud 4y agoSay you received 1,000 when graduating high school. You then got a job making 100/month, signed a lease and moved out of the house. You have expenses of 180/month. How long before you are destitute?
- _ea1k 4y ago13 months, because that is when you would have over $1,000 in losses.
- subroutine 4y agoUber has a market cap of 58 billion (cf. "$25.2 billion funds raised"). Teladoc Health has a market cap of 5 billion (cf. "$0.17 billion funds raised"). The Funds Raised column in the article does not seem to include stock issuance. https://finance.yahoo.com/quote/UBER https://finance.yahoo.com/quote/UBER https://finance.yahoo.com/quote/TDOC https://finance.yahoo.com/quote/TDOC
- alex_young 4y agoThe market cap is not money the company can spend. It's the current share value of the company...