missing the point, these companies self fund their growth through profit. they generally only capital raise for large acquisitions of profitable companies so its earnings accretive. management has raised to empire build which DW has said himself not a care for profit.
these comments keep assuming its black and white choice. no one is saying don't grow and hire sales people but smart management can grow without sacrificing profitability. They focus on growing the profitable segments and selectively choosing new startup revenue streams. Not starting new businesses everywhere all at once. If the product and company is as good as it's supposed to be why would the future revenue be tiny? what is the difference between entering a new market today vs next year?
management is trying to get a trade sale by growing revenue large enough as quickly as possible a big player can't ignore it regardless of profitability. It's a strategy for a bull market - which unfortunately this market isn't. For "growth" companies that aren't profitable all it takes is a slowdown in growth and the share price will get hammered. if there are increasing losses with that its worse and will probably become a penny stock.
The share price hasn't fallen over 40% to 2019 prices for no reason.
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