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by darkwizard42 2019 days ago
https://www.sec.gov/Archives/edgar/data/1792789/000119312520...

F-4 they are clearly on a path to profitability...

It seems silly to even focus on profitability at IPO when credit is so cheap. Growth trajectory is rewarded and based on the S-1 they are growing in a healthy enough fashion. This is VERY different than WeWork which had massive amounts of debt on their books and didn't have a plan out.

Again, if you keep getting hung up on profitability you aren't really realizing what stage Doordash is at or the maturity level by which companies are expected to be profitable