Y
Hacker News
new
|
ask
|
show
|
jobs
by
nabdab
2392 days ago
That’s not how funding works. If you believe the product is worth exactly what you pay that’s not funding, that’s buying. Funding is the belief that at some point the ownership will be worth the wait given the investment.
2 comments
gbear605
2392 days ago
That’s not how funding works, but it is how profit works.
link
spectramax
2391 days ago
So you cannot have companies like Amazon which had no profits for like a decade.
link
gbear605
2391 days ago
You certainly can, but even Amazon had much higher revenue/funding ratio than Magic Leap.
link
donpdonp
2392 days ago
That sounds like buying with extra steps. I agree its a flawed comparison but still interesting
link