nuff said
this post was submitted on 15 Jul 2023
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Almost all companies are "cash negative" in their first years.
Of course, but many, many companies never leave that state in the age where the biggest investment strategy is dumping hella cash into a startup in hopes that it overtakes (monopolizes) the industry but may never be profitable. And many people thought that Tesla would never be profitable, it sure looked like it for a very long time.