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Literally said the same thing about amazon. Literally. Lightning companies on fire

I’m not an expert in their growth model - I know enough to know that “ipo company is not making a profit yet” shouldn’t be anywhere near notable as news

Particularly without some specific angle such as “they’ve fully implemented their model and it isn’t working”

In the linked article the ghost is given up- it’s an accounting issue for the most part (incentive based comp allocations) and then an investment issue


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