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TikTok takes on Spotify, startup advice + US housing market w/ Redfin & Divvy Homes CEOs | E1523
This Week in Startups
Having No Cash Business, but You're Wildly Profitable, Right?
Cinna: You can have a company that has no cause, but is wildly profitable. He says private equity firms buy companies and run them for cash before they load it with debt. Cinna: In some businesses like amazon, you could have two or three businesses which are break even while printing money to subsidize the other one. And this is where you can really start to turn dials in your business model.
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