Original writer here again. There is a difference here though, which is that those companies openly tell investors, "we're not profitable," and even have proje

Original writer here again. There is a difference here though, which is that those companies openly tell investors, "we're not profitable," and even have projections in their documentation for when they will be profitable assuming current growth continues. For example, Disney+ warns investors that it is not a profitable business but is trying to get to the point of profitability by the end of 2024. They also have regular public financial statements clearly outlining exactly how much revenue they received, expenses they paid for, and profits received if any. Now, sometimes these projections are... very optimistic like Spotify; but they are still there and check many legal boxes. Unprofitability is not a concern if it is disclosed. Basically anything is OK if there is clear and full disclosure. Purism does not have a disclosure anywhere saying whether this is, or is not, true. You are just left to assume that the company is solid, happy, and solvent without much substance that I could find (not even the most basic Profit/Loss statement), unless I missed some obvious documentation.