Reply to post: My point being...

Nutanix shrugs off loss, rivals, buys another firm

Anonymous Coward
Anonymous Coward

My point being...

Funded in 2009:

... after the VC financing rounds, where they burned all the cash;

... after the IPO where again all cash also burned in about one year or less;

... now having loaned another $500M (that's five-hundred-MEEELLION more) last month;

And for a company about to hit $1B revenue...

When exactly do you think profitability should become a topic? Anyone think investors plan is to keep investing forever? For Wall Street, you either have to grow very fast, or be very profitable.... otherwise they'll move to the next big thing. And Nutanix growing continues to slow down (and this is perfectly normal) but on the other hand... profitability does not improve. In 2019 they will celebrate their 10th anniversary! That's ten years BURNING cash. Fortunately... not a cent is mine.

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