this post was submitted on 12 Mar 2026
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The article lists an insane revenue of $1.6B, yet the losses are only on the order of $42M in the last 3 months. Against that much revenue, it looks to me like they are managing the company at a slight loss on purpose. They probably could close that gap if they wanted to, but have some favorable tax implications or something by running that "slight" loss.
(And who knows, maybe this is part of the attempt to close that gap and show a profit before the founders cash out and it all gets sold to a Shittier company)