Fast-growing startups can grow 20%-30% per month, every month. These guys are selling vacuum cleaners and pet supplements and $75/m subs on their AR platform which can charitably be described as in beta phase. AR is barely any of their revenue and anyone paying attention can see that.
Gross margin is meaningless--net is the one they won't drop on you until earnings and then you can actually see how much cash they've chewed through.
Trillion dollar market though amirite!
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