Most tech companies aren't profitable in their first year. Understandable. My question is this: how many years of losses before it gets worrying for the long term state of the company? I ask because I see a company making 9 figure revenues and losing 8 figures in profit each year, founded 12 years ago
When a recession hits is when capital dries up and results are demanded
Are the losses caused by massive reinvest to drive top line growth or market share gain or are they selling a dollar for fifty cents?
5 years
5 years. I’d be looking for the exit door after that.
Aren’t all the ride share companies like this?
Zuora
Yes, so at what point do you say it's hosed?