When money was cheap and loan underwriting was more relaxed, many companies―particularly in certain sectors such as tech―were free to focus on top-line revenue rather than bottom-line profitability, says Jeff Koonce with Bernhard Capital Partners. “They’re just trying to capture the market so that one day they’ll become profitable,” he told Business Report in yesterday’s
Bernhard Capital’s Jeff Koonce on entrepreneurship, investment now that ‘free money’ is gone
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