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Thread: Burn!!

  1. #1
    What's up? drk's Avatar
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    Lol

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    One eye sees, the other feels OptiBoard Silver Supporter
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    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
    Science is a way of trying not to fool yourself. - Richard P. Feynman

    Experience is the hardest teacher. She gives the test before the lesson.



  4. #4
    What's up? drk's Avatar
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    AMEN to that, brother.

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    https://invisionmag.com/warby-parker...ement-alleged/

    DOUBLE BURN!

    I don't even care who wins that battle, I hope they both lose lol.

  7. #7
    Master OptiBoarder AngeHamm's Avatar
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    Quote Originally Posted by NAICITPO View Post
    https://invisionmag.com/warby-parker...ement-alleged/

    DOUBLE BURN!

    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.
    I'm Andrew Hamm and I approve this message.

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    Going public = Looking to sell

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    I’m a little dumb. How do you you have $300 revenue and lose money?

  10. #10
    Compulsive Truthteller OptiBoard Gold Supporter Uncle Fester's Avatar
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    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/

  11. #11
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    Quote Originally Posted by Jaketull View Post
    I’m a little dumb. How do you you have $300 revenue and lose money?
    Revenue\Gross Sales = Money coming in.

    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.

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