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by JonFish85
3882 days ago
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The way I'd look at it is that they had the chance to scale their business through Starbucks and the massive influx of money through the system was a major dud for them. That might be terms specific to the Starbucks deal, but ultimately that level of scale didn't help. And at a numbers perspective, their revenue rose 54% last year, but so did their losses ($104m -> $154m). If their losses track their revenue growth percentage-wise, then scaling does them no good. |
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