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Re:VCs are scared when they should be greedy by saurik on Wednesday July 20, 2022 @08:49PM (#32174434)
Because it still isn't profitable and maybe never will be. I would still use it if it cost more -- hell: I'd probably use it more as I'd feel better about it ;P -- but a lot of people wouldn't as it is already a borderline-luxury for a lot of people. They continue to claim they are "drawing closer to profitability" -- as recently as a couple months ago, after reporting their first quarter earnings (which happened to show a $6b loss that isn't actually relevant as it was primarily due to investments instead of operations) -- but I feel like they have been saying that for a long time now? But sure: they might finally succeed in reaching at least "break even".
Re:VCs are scared when they should be greedy by baby on Friday July 22, 2022 @03:00AM (#32189319)
With the amount of money that went into expanding and growing as fast as possible I can imagine why they have not been profitable