Anytime in the last 5 years yeah sure..... but we're moving into a new economic cycle now.... one of high inflation (and soon to be rising interest rates)..... as such cheap capital (which people have been taking for granted) will disappear. So funding these high 'potential' tech ventures will be far more difficult.
And for DOU I think that @BigWill2018 graph illustrates their current dilemma very well. In the last qtr they more than doubled their cash outflow yet their receipts still dropped?!?..... I know you need to spend to earn.... but right now their cash figure is going in the wrong direction... fast.... and at their current spend rate their bank will be bear well before their incoming cash gets anywhere near covering those outgoings... and thats if their user growth translates into cashflow growth (which it hasn't done so far).
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Anytime in the last 5 years yeah sure..... but we're moving into...
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