Technically, from their SEC financial statements, they recorded $36,000 in revenue from installing solar panels at Trevor Milton's house.
He couldn't let it be zero!
I thought you were joking, but holy shit it's true!
Made me curious if there are any "pre-revenue" startups (let's say revenue < .5% of expenses) that IPOed and didn't eventually collapse. After all, it is a particularly ballsy move to IPO without any actual revenue, never mind profits.
Made me curious if there are any "pre-revenue" startups (let's say revenue < .5% of expenses) that IPOed and didn't eventually collapse. After all, it is a particularly ballsy move to IPO without any actual revenue, never mind profits.