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So you would gtfo from 2001 google or 2013 uber? Scaleups are totally fine if you have revenue to support it (right now not at some unspecified future date). Ma
by dilyevsky 3y ago
So you would gtfo from 2001 google or 2013 uber? Scaleups are totally fine if you have revenue to support it (right now not at some unspecified future date). Many companies that scaled in 2020-21 just didn’t
- huijzer 3y agoCounterexample: Pets.com cost of goods sold would go quicker than their revenue. Similarly, many companies inflate their revenue in all kinds of ways including excessive marketing spending.
- dilyevsky 3y agoThis time we didn’t really have that. It was pretty meh revenue numbers across the board and a lot of spending
- majormajor 3y agoHow many people joined Uber in 2013 vs in 2017-18ish or such? What was the breakeven point for it to be worthwhile? It's easy to be late to the party these days if looking at gaudy Series B/C/D numbers and stock-based comp.