Grab loses almost $1B in one quarter...
#4

(12-11-2021, 07:42 AM)Niubee Wrote:  These venture backed companies are playing cheat. Burning money thru fundings. Bending business rules by subsidy customers.

Nobody force investors to invest in these companies.
So long as accounting is honest ....its for investors to decide.

Many think such companies are like Amazon lose money for 10yrs to gain market share then become profitable to pay off...stock go up 500 times.

Many of the investment thinking is modeled after this.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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