this post was submitted on 28 Feb 2024
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[–] EndOfLine@lemmy.world 136 points 1 year ago (14 children)

There are 54 pages of risk factors, which, after reading many S-1 filings over the years, seems pretty long. One of the most notable is the sentence, “We have incurred substantial losses during our history and may never achieve profitability.”

Well that doesn't sound very promising for them.

[–] AbidanYre@lemmy.world 74 points 1 year ago (3 children)

may never achieve profitability.

I'm not an expert or anything, but that doesn't sound like a very good investment.

[–] solidgrue@lemmy.world 11 points 1 year ago (1 children)
[–] Icalasari@kbin.social 10 points 1 year ago

I think that's Spez's plan

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