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Re:PINE64 December Update by CameronNemo on Tuesday December 15, 2020 @05:49PM (#25436369)
From what I have read, their margins are non existent. They are not aiming to turn a profit right now.
Re:PINE64 December Update by panny on Tuesday December 15, 2020 @11:45PM (#25439173)
Looking at crunchbase, they've only raised funds using a kickstarter once. It seems like they're making enough to pay salaries and keep the show going. I know some of their products are not priced for profit, but the company as a whole seems to be doing well and growing. It doesn't seem like the typical overhyped SV company that only survives on VC money.
Re:PINE64 December Update by nine_k on Wednesday December 16, 2020 @02:59AM (#25440138)
Who is funding them in this case, and why?
Re:PINE64 December Update by modo_mario on Wednesday December 16, 2020 @08:11AM (#25442064)
The consumers? Not turning a profit doesn't mean they don't get enough to pay their own wages and maybe even grow slowly.