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I agree that's their strategy, and I also agree that it may be their only play. However it feels like they're going all-in a little bit early.

With a $23m/quarter burn rate and a raise of $250m, they only have a few years to "win" the market, and start moving in the direction of profitability.

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A few years is an eternity, its not like they have to keep burning through $100m a year until they either "win" or run out of cash, they could easily scale back on their customer acquisition spend and extend their timeline.

I think their strategy is very aggressive but far from all-in

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