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[–]d3rr 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

“If a venture capital investor wants to burn cash they can do that as long as they want, but once you get to the public markets you have to show profitability or a path to it,” said Jordan Stuart, a portfolio manager at Federated Kaufmann who often purchases companies’ shares during an IPO.

Roasted! What a burn.