(Total Views: 395)
Posted On: 07/28/2021 11:21:25 PM
Post# of 153940
Re: Evil Rabbit #97670
Ok, yes i get it.
If your biotech business is "barely profitable" that disqualifies you as a biotech businessman.
Especially in comparison to other businessmen who have run zero revenue startups for more than a decade.
LOL, you are probably right. It probably is more challenging to keep a zero revenue business running for a decade, spending hundreds of millions of dollars, than it is to get a business to barely profitable. (Let alone the fact that you don't know the profitability of InCellDx. But probably a safe bet to say that all diagnostic lab testing companies struggle to attain profitability.)
Patterson's business area, diagnostic lab testing, is not exactly a hotbed for capital investment.
It is to Patterson's credit that he can make a business where very few others can.
I guess I am also confused as to how Patterson might be as competent as Elon Musk. PayPal was profitable. SpaceX is profitable. I think even Tesla has turned profitable in recent quarters.
Am I just confused? Are you agreeing with me and I just can't figure it out?
If your biotech business is "barely profitable" that disqualifies you as a biotech businessman.
Especially in comparison to other businessmen who have run zero revenue startups for more than a decade.
LOL, you are probably right. It probably is more challenging to keep a zero revenue business running for a decade, spending hundreds of millions of dollars, than it is to get a business to barely profitable. (Let alone the fact that you don't know the profitability of InCellDx. But probably a safe bet to say that all diagnostic lab testing companies struggle to attain profitability.)
Patterson's business area, diagnostic lab testing, is not exactly a hotbed for capital investment.
It is to Patterson's credit that he can make a business where very few others can.
I guess I am also confused as to how Patterson might be as competent as Elon Musk. PayPal was profitable. SpaceX is profitable. I think even Tesla has turned profitable in recent quarters.
Am I just confused? Are you agreeing with me and I just can't figure it out?
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