First they used venture capitalist’s money. It was just free mana from heaven during the period with near zero interest rates after the 2008 financial crisis. They used that money to get market share by making deliveries very cheap. Intrest rates went up, they went public to get more money, and then it was time to see how much that market could bear and rake in the profits.
First they used venture capitalist’s money. It was just free mana from heaven during the period with near zero interest rates after the 2008 financial crisis. They used that money to get market share by making deliveries very cheap. Intrest rates went up, they went public to get more money, and then it was time to see how much that market could bear and rake in the profits.