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I mean, that's basically it. Blue Apron was being evaluated purely based on revenue growth like a tech company. If you were buying their stock you were not actu

I mean, that's basically it. Blue Apron was being evaluated purely based on revenue growth like a tech company. If you were buying their stock you were not actually looking at their product margins.

bombcar 3y ago
Much of the last twenty+ years can be summed up as "low margin business sold as a high-margin tech company to investors".