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1. These companies have burned through billions in VC funding. Just breaking even won't be enough - they'll need significant profits to justify those investment
by vincent_s 2y ago
1. These companies have burned through billions in VC funding. Just breaking even won't be enough - they'll need significant profits to justify those investments.
2. We have at least one real-world example suggesting profitability is challenging. Microsoft is reportedly still losing money on GitHub Copilot, even after years of operation and many paying customers.
- londons_explore 2y ago> These companies have burned through billions in VC funding. These companies, yes. But new startups will come, spend only millions, and achieve the same thing. No moat.