> If you show revenue, people will ask 'HOW MUCH?' and it will never be enough. The company that was the 100xer, the 1000xer is suddenly the 2x dog. But if you have NO revenue, you can say you're pre-revenue! You're a potential pure play... It's not about how much you earn, it's about how much you're worth. And who is worth the most? Companies that lose money!
Being less cynical, I do think it’s fair to say that they just didn’t quite find PMF; they aren’t good enough for factory work, Spot is niche, and Atlas is too scary for in-home.
The robot butler business model just hasn’t been tested in the same way AFAIK.