Comment by SecretDreams

11 hours ago

> These companies will likely never meet S&P profitability inclusion criteria for the next 5 years.

They won't stay gigacaps for 5 years if they don't become profitable. At their size, they can't just keep burning money at that scale under the public's eyes. The funding will divert from VC to shareholder equity and that will quickly see they don't stay gigacaps.

So this is a self correcting problem. Either they'll start making money and hit profitability targets or their market cap will diminish.