I mean can't anyone produce $1B in revenue by selling something for $10 that costs $100? Isn't the hard part doing this profitably?
Spun another way, doesn't this revenue level imply they are burning cash like crazy and might soon go bankrupt?
Spun another way, doesn't this revenue level imply they are burning cash like crazy and might soon go bankrupt?
I think giant companies won't mind burning cash for at least a few years while they figure this stuff out.
Correct.