Re:We Are Leaving Australia
by esja on Wednesday November 16, 2022 @01:42AM
(#33619716)
"We'll lose on every sale but make it up on volume" takes me right back to the dot com era. It's amazing what central banks can achieve when they really put their minds to it.
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Re:We Are Leaving Australia
by spaceman_2020 on Wednesday November 16, 2022 @06:20AM
(#33621461)
The responses to my statement just reconfirms my belief that all these startups and the people running them will never be profitable. Way too many clever "ackshually..." responses that keep confusing (maybe deliberately) the context of the problem.
The same happened in the dot com era. They don’t understand the layers beneath them that make their businesses temporarily viable. Well, maybe their CFOs understand, but the rest of them either don’t, or have to pretend that they don’t.