Can't help but start to think that everyone is cashing out before the impending recession.
2019-07-18 5
2019-07-19 7
2019-07-22 10
2019-07-23 4
2019-07-24 12
2019-07-25 12
2019-07-26 7
2019-07-29 7
2019-07-30 7
2019-07-31 4
2019-08-01 5
2019-08-02 14
2019-08-05 3
2019-08-06 7
2019-08-07 6
2019-08-08 6
2019-08-09 5
2019-08-12 10
2019-08-13 5
2019-08-14 2
2019-08-15 6
2019-08-16 5
2019-08-19 4
2019-08-20 5
2019-08-21 8
2019-08-22 4
2019-08-23 9
2019-08-26 4
2019-08-27 2
Grouping this by complete weeks (excluding weeks where we don't have a complete Monday -> Friday list) we get totals of 45, 37, 27, 28, 30, in that order. Don't know what typical trends are by time of year, etc. HN has had a flurry of posts about S1s, but this trend doesn't seem to be the sudden uptick it has seemed to be on HN.
It isn’t even clear that there is a risk of a recession according to some economic indicators.
EDIT: my bad interpreting the loss format, they are not profitable.
> We have incurred operating losses each year since our inception in 2012, including net losses of $(71.1) million, $(47.9) million, and $(195.6) million for fiscal 2017, 2018, and 2019, respectively, and expect to continue to incur net losses for the foreseeable future.
They've never been profitable.
It does seem like there are a number of them, but maybe that's just my impression. Anyone got numbers?