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You can be raining money but if you spend more than what you're making, you're not profitable. Of course, it is not a bad thing to be unprofitable for a period
by zaidf 11y ago
You can be raining money but if you spend more than what you're making, you're not profitable. Of course, it is not a bad thing to be unprofitable for a period of time. In AirBnb's case, it is almost certainly better for them to NOT be profitable and instead to spend ever potentially profitable dollar on getting more marketshare.