3 ms·
Their S-1 filing doesn't inspire a lot of confidence. They literally wrote under "Risk Factor": We have a history of cumulative losses, and we do not
by kmfrk 13y ago
Their S-1 filing doesn't inspire a lot of confidence.
They literally wrote under "Risk Factor":
We have a history of cumulative losses, and we do not
expect to be profitable for the foreseeable future.
http://www.sec.gov/Archives/edgar/data/1372612/000119312514112417/d642425ds1.htm#toc642425_2 http://www.sec.gov/Archives/edgar/data/1372612/0001193125141...
- mhurron 13y agoHow is that any different than most SV startups? Not making money seems to be SOP. Besides, with cloud storage, you should plan for and expect that they could disappear tomorrow. That goes for every provider.