$ContextLogic Inc.(WISH)$ If the current rate of cash burn continues, they have 2 years before they have to raise capital.With the iOS privacy here to stay and the CPM cost on Android going up for good, Wish will have to reinvent its business model. Pretty tough problem to solve and the time frame is 2 years.This will not be a growth story for the next 2 years and have a meaningful risk of not being able to find a viable business model.Look at the data carefully before deciding to buy. Don’t fall for the hype and non-sense comparisons with Amazon, Tesla etc. Do some fundamental analysis to see if this company and risks are worth your investment.My take is that it's too early to invest and wait for either a better valuation or some proof of a viable Business model where they can be FCF positive.If you like Wish at $6.60, you will love it at $5 or below.$Amazon.com(AMZN)$ $Tesla Motors(TSLA)$
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