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> At no point did Joann's require investment. Inventory, salaries, rent, mortgages on stores, ERP, expansion, etc all cost money. Yet if revenue remains flat
by alephnerd 2y ago
> At no point did Joann's require investment.
Inventory, salaries, rent, mortgages on stores, ERP, expansion, etc all cost money.
Yet if revenue remains flat or grows at a rate that is lower than the above inputs, you absolutely need capital.
- Blackthorn 2y agoThat's just restating the thesis. It's still begging the question.