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inglor | 10 months ago

They raise more capital and get more debt and try to lower burn rate but the original comment was talking about the 2010s mindset of "growth before profit" where you want more users/revenue to get acquired by a bigger player that can better monetize you.

The fact Discord isn't profitable (and hasn't been) is well documented.

Also, operating at a loss isn't necessarily bad (i.e. if you expand or spend more on R&D your profits shrink). Companies might choose to spend more on R&D and not be profitable (e.g. Amazon for a long time).

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