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It's also dangerous to assume that all companies must be profitable from day one. Facebook is a good example of a company that was "losing money" but was able
by nonchalance 13y ago
It's also dangerous to assume that all companies must be profitable from day one. Facebook is a good example of a company that was "losing money" but was able to turn profits recently.
Which is not to say that I believe twitter deserves the market cap currently implied by the share price.
- brymaster 13y agoFacebook is also a good example of a company with its business model out of whack, meaning this ride isn't going to last.