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HashiCorp is a public company that is losing money [1]. They still aren’t sustainable financially. [1] https://www.google.com/finance/quote/HCP:NASDAQ https://
by mfer 3y ago
HashiCorp is a public company that is losing money [1]. They still aren’t sustainable financially.
[1] https://www.google.com/finance/quote/HCP:NASDAQ https://www.google.com/finance/quote/HCP:NASDAQ
- nottorp 3y agoI thought you should bleed money for the sake of unbounded growth.
- fishnchips 3y agoDepending on how cheap the money is.
- ckdarby 3y agoThey're making progress. Their last quarter shows them decreasing their loss in net income and at the same time increasing their revenue. IMO they're a dying company. Selling is a smart move to push their existing customers a cross sale product to close the loss gap. They'll drop 15 to 30% of their staff. They're not that far from profitability when you realize their staffing cost is high vs the yielding return per employee.
- ethbr1 3y agoMakes sense, since with another product company you could collapse the sales orgs and drastically decrease the marketing+sales costs without impacting revenue.