Talking about revenue without one word about profits.
Wonder if you have an opinion -- has unprofitability always been this pervasive or is this how businesses are generally run?
From the linked article, it says, "In 2018, 81% of U.S. companies were unprofitable in the year leading up to their public offerings."
This is the most unfair way of judging it. This is like saying students have a negative net worth a year before graduation. It's missing the point - students take debt so they can make much more money later. Startups go cash heavy and take losses so they can make money after the exit.