That thinking is going to die pretty soon. Unless you’re building the groundbreaking foundations that requires heavy capital profitability is going to be a huge concern and soon - but that’s just one undercapitalized man’s opinion :)
Also - profitability or margin makes a big difference. Most folks are capable of selling $2B for $1B. Obviously not the case here if they’re doing 500M on a 400M raise, but you get the point.
Also - profitability or margin makes a big difference. Most folks are capable of selling $2B for $1B. Obviously not the case here if they’re doing 500M on a 400M raise, but you get the point.