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popalchemistyesterday at 10:42 PM1 replyview on HN

Because typically one expect a return on investment with that level of spending. Not only have they run at a loss for years, their spending is expected to increase, with no path to profitability in sight.


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bdangubicyesterday at 10:48 PM

not that I disagree but would it be fair to say though that we have seen this before where it turned out OK? say Uber? Amazon?

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