Random
Source Code

Cave Man Economics

When you would do anything, including taking a club to every person you know, to see top line revenue grow, even if it means eroding profitability and making no money.

Investors: Evan, what's with your financials lately? Revenue is exploding, but you're hemorrhaging cash faster than ever. Do you ever plan to turn a profit? Are you still reading that book on cave man economics?

Evan Spiegel: OOO OOO AHH AHH BIG NUMBER GOOD SMALL NUMBER BAD OOO OOO AHH AHH

by evan spiegel June 14, 2023