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Explain to it to me like I’m 5 years old. (alien.top)

submitted 2 years ago by BayouPelican@alien.top to c/entrepreneur@indiehackers.space

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I was listening to a podcast about FreshPet dog food. The owner said they have yet to turn a profit. Can some explain to me like I’m 5 years old how a business can run without making profit? How do they pay their bills? How do they pay their people? How do they buy ingredients? How do they pay their personal bills? I just can’t wrap my mind around it.

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[–] aztec337@alien.top 1 points 2 years ago

The company does a great job at looking valuable to investors. Being valuable is most of the time based on speculation. Being valuable is also largely confused with the word profitable. It operates for a period of time on capital raised from investors. If on a long enough timeline it can't turn a profit those investors lose their money.