That applies to American companies too. When you are small and need investors, what matters is your impressiveness, not your profitability. But then later when you are spending a billion dollars on a training run and you are a mid-sized tech company, in order to continue impressing investors you need a serious path to profitability.
That applies to American companies too. When you are small and need investors, what matters is your impressiveness, not your profitability. But then later when you are spending a billion dollars on a training run and you are a mid-sized tech company, in order to continue impressing investors you need a serious path to profitability.
I agree, and we do see some american companies doing the same thing.