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A comment on Allbirds S-1 IPO. Parent comment

Re:Allbirds S-1 IPO by jgalt212 on Tuesday August 31, 2021 @01:28PM (#28370933)
Are they paying people $14 to then in turn purchase an $11 shoe? Why can't I just keep the $14?
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Re:Allbirds S-1 IPO by RC_ITR on Tuesday August 31, 2021 @03:22PM (#28372320)
More accurately, they’re paying people $14 to buy a $20 shoe that cost $9 to make. And they’re not just “keeping the money” because they’re hoping to be valued on a revenue multiple.
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Re:Allbirds S-1 IPO by joshuamorton on Tuesday August 31, 2021 @01:31PM (#28370971)
They're paying 14 to get people to purchase a 25 dollar shoe. Profit is after Cost of revenue.
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