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.
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?
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?