Not saying I agree with the GP, but I don't understand how your comment refutes anything? Their valuation and funding doesn't necessarily mean anything. In fac

Not saying I agree with the GP, but I don't understand how your comment refutes anything? Their valuation and funding doesn't necessarily mean anything. In fact, I think one could argue that many companies raising that much money early on are indeed trying to become a first mover and don't care about making money (yet).