4 ms·
I should have been more clear. What I meant by those example is that the companies were not profitable in their early years, and paying employees may have been
by F_J_H 14y ago
I should have been more clear. What I meant by those example is that the companies were not profitable in their early years, and paying employees may have been difficult without the capital they had raised.
- dkrich 14y agoWell my point was that if you can't raise money and you aren't making profits, then your business sucks. That was poorly worded, but Amazon and Twitter never had a problem raising capital when they needed it because there was a huge amount of competition to get into them. The companies that aren't profitable in their early years and simultaneously can't raise cash are screwed and probably shouldn't be funded in the first place.