HNGlance

Top Best New Show

Mark Cuban exited box early

http://www.businessinsider.com/mark-cuban-box-ipo-2014-3

by mp99e99 • 12 years ago

1 2 12 years ago

BU

businessinsider.com

Related Stories

Loading related stories...

Comments

2

paulhauggis• 12 years ago

"Box's S-1 revealed that it generated $124 million in revenue last year while racking up losses of $168 million"

It sounds like they aren't profitable yet. I feel like so many companies I see on HN getting VC are just like this: They are running at a huge loss with no real working business model.

JoeAltmaier• 12 years ago

Not the whole storey. Spending on growth (investing in the company's future) is a normal activity for many firms. It can make you unprofitable. Startups are in this mode for years. It doesn't mean they don't have a business model. To determine that, you'd have to look at their marginal costs per customer and so on. Which those two numbers quoted don't hint at.

Source preview

businessinsider.com

HNGlance

© 2024-2026 HN Glance. Story content belongs to its original sources.

Privacy
Terms