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> Its operation is not subsidized by VCs burning huge amounts of cash. I'm not sure why you think this, but Zipline is running at a loss at the moment and is d
by OnlineGladiator 3y ago
> Its operation is not subsidized by VCs burning huge amounts of cash.
I'm not sure why you think this, but Zipline is running at a loss at the moment and is dependent on VC cash. That doesn't mean it can never be profitable, but right now it is not.
- deleted 3y ago[deleted]
- MBCook 3y agoIt doesn’t surprise me they’ve got VCs. I was referring more to the model of Uber and some others of just pour hundreds of millions into a hole for a decade until you’re all that’s left and then profit will magically appear.
- OnlineGladiator 3y agoSure, but just to provide some context, Zipline has already raised (and spent) hundreds of millions of dollars. Also Zipline has actually been around for over a decade already (they started out as Romotive in 2011). Anyway, cheers.