Household names like Uber, Amazon, Blue Bottle Coffee and Fedex used the same playbook of burning investors’ cash for years and look where they’re now.
Everyone’s long term plan is hoping that they build out and survive long enough that, in the end, the market accepts them.
Even your local still-unprofitable restaurant is burning their grandparents’ inheritance money hoping that it works out.
But on the other hand, that’s what Theranos, WeWork, and Pets.com tried too.
Everyone’s long term plan is hoping that they build out and survive long enough that, in the end, the market accepts them.
Even your local still-unprofitable restaurant is burning their grandparents’ inheritance money hoping that it works out.
But on the other hand, that’s what Theranos, WeWork, and Pets.com tried too.