Y
Hacker News
new
|
ask
|
show
|
jobs
by
MobileVet
2440 days ago
Hard to know what is fact, but the info that has come out (including the S-1) indicate that a majority of their properties are losing money.
If that is the case, then this cannot end well no matter how they trim operations
1 comments
harryh
2440 days ago
The majority of their properties are very new so losing money is expected. If older properties are making money and new properties will eventually turn into older properties then they are, potentially, fine.
link