| ▲ | dkdcio 7 days ago | ||||||||||||||||
maybe I’m bad at math but paying >5% of your capital raised for a single fine doesn’t seem great from a business perspective | |||||||||||||||||
| ▲ | ryao 7 days ago | parent | next [-] | ||||||||||||||||
If it allowed them to move faster than their completion, I imagine management would consider it money well spent. They are expected to spend absurd amounts of money to get ahead. They were never expected to spend money efficiently if it meant taking additional months/years to get results. | |||||||||||||||||
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| ▲ | arrty88 7 days ago | parent | prev | next [-] | ||||||||||||||||
If they are going to be making Billions in net income every year going forward, as many years as analysts can make projections for, and using these works allowed them to GTM faster/quicker/gain advantage against competitors, then it is quite great from a business prospective. | |||||||||||||||||
| ▲ | bongodongobob 7 days ago | parent | prev | next [-] | ||||||||||||||||
Yeah it does, cost of materials is way more than that if they were building something physical like a new widget or something. Same idea, they paid for their raw materials. | |||||||||||||||||
| ▲ | siliconpotato 7 days ago | parent | prev [-] | ||||||||||||||||
It's VC money, I don't think anyone believes it's real money | |||||||||||||||||
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