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"SoftBank figured that out a little bit late,” Chanos says. “Maybe these companies should have a path to profitability.”

Maybe these companies should have a path to *free cash flow and positive unit economics instead." GE almost flew "profitability" right into the ground.
I was there when the Internet bubble popped. Suddenly it was extremely hard to obtain cash. Just days before cash was plentiful and easy to raise. After the bubble popped, there were assets available for purchase for dimes on the dollar if you had cash. google.com/amp/s/25iq.com…
"Amazon is expected to become the largest free cash generator in the United States within five years, according to Barron’s....Wall Street analysts expect Amazon to report revenue increasing by 20% and free cash flow swelling by 28%." reuters.com/article/us-ama…
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