Is a vibe shift finally coming for VC-backed startups?

Yesterday’s hot startups are having major IPOs, but they’re still losing lots of money—and it’s not clear when they will ever be profitable.

The question, from journalist Kara Swisher to Sweetgreen cofounder and CEO Jonathan Neman, following a discussion on kale and robotics, was simple. “Are you profitable?” she asked, as a 2018 episode of her Recode Decode podcast drew to a close. “We are,” Neman replied.

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Originally published on Fast Company : Original article

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