But burn rates are exactly that. Burning cash. Losing money. Emphasis on the losing.
I’m really happy that I’m not alone in thinking this way. At some point you have to build a real business, generate real profits, sustain the company without the largess of investor’s capital, and start producing value the old fashioned way. We have a number of companies in our portfolio that do that. And I love them for it. I wish we had more.
Thank you. More please.