https://www.cnbc.com/2021/08/24/warb...ng-losses.html
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Lol
All foam and no beer.
They haven't made a profit since day one.
https://www.fool.com/investing/2016/...ake-money.aspx
That's how disrupters and pirates work- ruining lives and careers, selling off the bits to their pirate buddies, hiding behind a fake altruistic 'social mission'.
Not fooled,
Robert Martellaro
AMEN to that, brother.
:bounce:Quote:
Originally Posted by drk
https://invisionmag.com/warby-parker...ement-alleged/
DOUBLE BURN! :bounce:
I don't even care who wins that battle, I hope they both lose lol.
Huh. It turns out the enemy of my enemy is... also my enemy.Quote:
Originally Posted by NAICITPO
Going public = Looking to sell
I’m a little dumb. How do you you have $300 revenue and lose money?Quote:
Originally Posted by drk
Not hard when venture capital money buys this:
"This new unit, a very serviceable two-bedroom, two-bath with parquet floors, big South-facing windows, a sunroom and a tiny kitchen (who cares when you’re planning a combo? Besides, as the Blumenthals once confessed, “we specialize in eating out and delivery”) was listed for $2.6 million with Halstead’s Laurie Silverman. But it appears that the Blumenthals were very keen on picking it up from neighbor Mitsuko Furukawa, given that they paid $2.8 million, a sizeable chunk over ask. (You could buy 2,105 pairs of Warby Parker glasses with the $200,000 overage!).
Incidentally, when the couple first bought in the building, they also paid $200,000 more than ask, bringing their total investment to $6.3 million (and we’d guess, will be spending quite a bit more with the renovation costs of combining two units). But in the end, they’ll be able to enjoy a five-bedroom spread, the likes of which are somewhat rare in the quaint co-op world of the Village."
https://observer.com/2015/02/warby-p...ouse-holdings/
Revenue\Gross Sales = Money coming in.Quote:
Originally Posted by Jaketull
Operating Costs\Expenses = Money going out
Income\Net Income = Revenue - Expenses
If Revenue > Expenses then that = + Income, with + Income = Profit
If Revenue < Expenses then that = - Income, with - Income = Loss
That's the essentials of it.
So, one can have a billion dollars in Revenue, but if Expenses are 1.2 billion, then that leads to an Income of -200 million, so that would be a Loss.