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$100 million in revenue looks awesome until you see $101 million in costs or losses. What about profitability?
by josefresco 14y ago
$100 million in revenue looks awesome until you see $101 million in costs or losses. What about profitability?
- kcorbitt 14y agoThis is a great point. Even if absolute revenue is lower, companies that deal mostly with information, rather than physical stuff, tend to have much, much higher return on investment when compared with capital-intensive alternatives like manufacturing or retail. This may matter to VCs a great deal.