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They will be “successful” once they become profitable. Until then, they still haven’t proven that they have a business model where they can charge customers enough to cover expenses.



They could be profitable tomorrow by decreasing their advertising spend. Their current customers are absolutely profitable, they're just choosing to use some of that money investors are throwing at them to keep growing.


You’re making the assumption that they have no churn and that they don’t need to acquire new customers.




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