Can I remind you that the same thing was being said about Xero years ago.
From a 2017 Business Insider article;
It's OK to play the long game. Although it's been ... 10 years since the company floated on the NZX, Xero remains a growth-first venture. It has focused the entire time building up its customer base and has not posted a dollar of profit along the way. Blair Galpin, analyst at New Zealand investment firm Forsyth Barr, said earlier this year that Xero's continued losses should not be a concern – yet. "Our view for some time is Xero could be profitable if it was willing to forgo a lot of its push for growth -- so it's a choice."
I remember years ago when I first bought into Xero at $16.00 the CEO said and I need to paraphrase "we could turn a profit tomorrow but why would we when I'm chasing growth and market share"
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Can I remind you that the same thing was being said about Xero...
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