Sustainable as in much more low key and not trying to grow a lot? How would that sit with investors? No less Softbank’s $9B investment into it and 30% ownership.
Sustainable in the sense of better managing the 500+ locations they’ve already got and easing off the ridiculous growth for a while.
I don’t see Softbank have the option to continue feeding capital into the company so they might need to reassess their end-game with this investment. The alternative is possibly a spectacular crash into bankruptcy.
I don’t see Softbank have the option to continue feeding capital into the company so they might need to reassess their end-game with this investment. The alternative is possibly a spectacular crash into bankruptcy.