leannekim·7 years ago·discuss> Losing money can be good for a company if it's being done in a way that leads to long-term growth.I guess. But being profitable while growing is better.
leannekim·7 years ago·discussUber doesn’t HAVE a moat. I use a different ride share service in each European city I travel to, and they each do pretty well.If all your product does is get you from point A to point B then I don’t care if it’s Uber or BobsRideShare.
leannekim·7 years ago·discussActually that IS a very profitable business, that is if you can charge people way more than most people are willing to pay.
leannekim·7 years ago·discussOk so there is a backstory behind each piece of bad news. Still, tons of bad news is still a ton of bad news. Most successful businesses should have a string of good news. Especially after being in business for a decade.
I guess. But being profitable while growing is better.