I can’t write for anyone else, but by all OBJECTIVE analyses, and the FT “sniff test*” for the past 2-3 years, and recent cost cutting maneuvers, Bilt is highly UNprofitable and many here think it is unsustainable (in its current iteration) and headed for bankruptcy.

Of course the CEO is going to claim “all is terrific” right up until the moment they file for bankruptcy protection. Just like many others, he’s laughing all the way to the bank where he put a good part of the venture capital money claiming it as his salary.

(* “sniff test”: Etymology, noun, (idiomatic) an informal check of an idea or proposal, using one's common sense or sense of propriety. Synonym: reality check)