Comment by __loam

2 days ago

All of these companies are losing money in the billions every quarter. Look at how frequent the raises are.

It isn't that simple, demand is growing and they're investing in that growth. With the exception of ElGoog the providers are all private entities, so we don't really know.

Edit: TMTD, hi! That makes sense, yeah.

  • Unit profitability is out of reach, the demand curve exceeds the profitability curve.

    Edit: hello, good to chat again!