[regenschutz]

Why can't they run the API at a huge loss too then??

[dragonwriter]

Because if you do everything at a huge loss, you run out of runway very quickly.

[hluska]

I’m not saying this is a bubble; I don’t know whether than it is or not. But if it is a bubble, I’ve only seen one bubble this big in tech. When that bubble popped, the only companies that survived kept their costs in check. Some raised a round right before the bubble popped but cost control was always part or their survival.

[duskdozer]

To be honest the fact that they are already clamping down makes me think their situation is getting strained.