[thesimon]

>> became “contribution margin positive” in the last year, which means that it’s profitable on a per-order basis.

>Congrats you aren't losing money on every order!

Seems like an overstatement as fixed costs are still not covered when they are "contribution marigin positve".

[apendleton]

Definitely. At least, though, it means there's a path to profitability just by increasing volume, right? Like, if every new order brings it more than it marginally costs, with enough eventually you'd cover your fixed costs, so it seems like at least a rough validation of the business model (assuming their total addressable market is as big as they think it is). Vs, say, Uber, which is as far as I know still losing money on every ride and has no path out aside from not at all certain, majorly disruptive technical innovation.