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yourcousinbilly | 6 years ago
It did lose money in 2019, but because of preIPO marketing and advertising. Marketplaces have great network effects and profit margins, seems like a very viable self sustaining standalone company. https://www.fastcompany.com/90418766/report-not-even-airbnb-...
scarface74|6 years ago
It’s like WeWork’s “Community Adjusted Ebitda” or Uber’s “we aren’t doing as bad as it looks as long as you exclude 13 different expenses.”