I'm kind of blown away that they needed $95m in VC to create a $18m/year company. They probably would have done better by investing in high-growth mutual funds.
This also doesn't include advertising revenue to their 20 million user base.
And it's a startup... so you know, the whole idea is that it might make more in the future. I know it is a lot of money, but they are supporting 20 million users & 8 million active.
It took hundrends of millions of funds and way more years before Amazon even turned any profit. Twitter too (do they even make a profit yet?).
And the same goes for every regular business all around you.
Do you think many restaurants break even in a year, for example?