2 ms·
Revenues mean nothing without positive equity earnings, especially so without a viable path to get there. Without a clear path, how do you justify the valuation
by rhetocj23 1y ago
Revenues mean nothing without positive equity earnings, especially so without a viable path to get there. Without a clear path, how do you justify the valuation? Lol.
Uber and Amazon had a very logical path to get there.
The reinvestment is so high that once you tack that onto the earnings youre in a fat negative. What does that mean? You will eat into the cash balance and eventually have to go raise more.