5 ms·
Really? You're going to trot out the age-old HN aversion to loss-making? It's time for HNers to learn that ambitious companies that know how to invest resources
by pbreit 13y ago
Really? You're going to trot out the age-old HN aversion to loss-making? It's time for HNers to learn that ambitious companies that know how to invest resources SHOULD be making losses. IPOs are fundraising events. The capital is expected to be invested into the business to drive further growth. When companies lose the ability to invest at acceptable returns, then you might see them shift the balance to profit-making.