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1. refurb+(OP)[view] [source] 2023-11-27 14:29:53
The “sustainable” business model is fine.

However, investors aren’t interest in buying stock in a company with poor returns. They have other options with better returns. It comes with accessing capital in the public markets.

The other issue is that a sustainable business quickly becomes a dying business when competitors innovate and you don’t.

I honestly can’t think of any business that just prints cash without a daily struggle to keep the company growing.

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