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> My bet is that they're currently burning through other people's capital at an amazing rate, but that they are light-years from profitability The Information
by jsheard 2y ago
> My bet is that they're currently burning through other people's capital at an amazing rate, but that they are light-years from profitability
The Information leaked their internal projections a few months ago, and apparently their own estimates have them losing $44B between then and 2029 when they expect to finally turn a profit, maybe.
- j_maffe 2y agoThat's surprisingly small