Comment by dminik
2 months ago
Revenue without expenses is meaningless. Annualized revenue is even worse. It's like a gambler bragging that they spin through $20,000 a month. Yeah, but for how long?
If you give me a billion, I can do an annualized revenue run rate of ~$12 billion just by selling a dollar for 99 cents.
As the old joke goes:
We're losing money on every unit, but we'll make up for it in volume.