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minkpy21 karma

Keep in mind they’re backed by venture capital firms so the company doesn’t necessarily have to be profitable in order to grow or stay in business.

minkpy6 karma

What are your thoughts on the industry and overall honesty amongst vets? I’ve been to a few vets for my dogs because I find it incredibly hard to find a trustworthy vet that is knowledgeable. One vet couldn’t diagnose my dog’s allergy correctly and we spent $3000 for 6+ office visits and meds. Another vet made me feel like he was trying to make as much money as possible by pushing unnecessary office visits (one charged $72 for each office visit) and trying to have us buy meds directly from him when they were all almost double the price of Chewy or 1800 pet meds.. They both had 4.7-4.8 stars on Google reviews with a couple hundred reviews so my experience with those vets is all the more confusing.

minkpy4 karma

That’s the hope for sure and what would really be logical, but there are a handful of large public companies that have been around for some time and haven’t yet reached a point of sustainable profitability / become profitable ( Uber, Zillow, Blue Apron, Snap, Airbnb, etc.)

minkpy3 karma

I’ve come across Yotta before and thought it was such a neat idea! Why is it that other institutions like banks haven’t done this? I imagine it has something to do with these larger financial institutions being slow to change, but curious if it also has to do with margins.