3 ms·
> "invest 5 billion to make 10 million" business is contextual, and is a game of numbers? If you agree, then there is a difference between "I made money sellin
by mistrial9 5mo ago
> "invest 5 billion to make 10 million"
business is contextual, and is a game of numbers? If you agree, then there is a difference between "I made money selling lemon drinks at my driveway, but I sold a car to make room" .. versus "I have recurring revenue of 50 million x $80 USD per month, and it is growing, and I am using cheap credit to build that" .. Numbers have a meaning, and the larger dollar recurring revenue cannot be matched in any way, no matter how much I spend. IIR ChatGPT is the fastest adopted software in the history of the Internet.
- jabwd 5mo agoThey have no moat.
- JetSpiegel 5mo agoIs it growing? Don't they report annualized revenue AKA the best month times 12? How is that comparable?