> I think it’s crucial to distinguish strategic cash burn vs unsustainable business model
The only thing I don't like about the idea of a strategic cash burn is that I'd much rather see a strategic cash dividend or share buyback. Any company can hire someone who will find a way to justify spending assets for some potential ROI, and it's pretty easy to spend a company right into bankruptcy.
The only thing I don't like about the idea of a strategic cash burn is that I'd much rather see a strategic cash dividend or share buyback. Any company can hire someone who will find a way to justify spending assets for some potential ROI, and it's pretty easy to spend a company right into bankruptcy.