While reading this article, right above on that site, the headlines was that a trendy California sneaker startup...
While reading this article, right above on that site, the headlines was that a trendy California sneaker startup have become a $1.4 billion company.
While it is good to a see a company thriving, the one question to ask is whether that valuation of $1.4billion is justifiable, when the revenue, cash flow, and profit for a startup is still in the early phases.
Are we still trying to inflate our way out, while further widening the gap between haves and have-nots?
Let us dig in deep soon with financial numbers for this company.
For Images, check out this link:
https://plus.google.com/111375717217714398633/posts/9W4aSrpMj2T
Originally shared by George Virginia
https://www.cnbc.com/2019/01/09/shutdown-highlights-that-4-in-5-us-workers-live-paycheck-to-paycheck.html
While it is good to a see a company thriving, the one question to ask is whether that valuation of $1.4billion is justifiable, when the revenue, cash flow, and profit for a startup is still in the early phases.
Are we still trying to inflate our way out, while further widening the gap between haves and have-nots?
Let us dig in deep soon with financial numbers for this company.
For Images, check out this link:
https://plus.google.com/111375717217714398633/posts/9W4aSrpMj2T
Originally shared by George Virginia
https://www.cnbc.com/2019/01/09/shutdown-highlights-that-4-in-5-us-workers-live-paycheck-to-paycheck.html
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