Company loss investing initially in big statues (7)
I believe the answer is:
colossi
'big statues' is the definition.
(I've seen this before)
'company loss investing initially' is the wordplay.
'company' becomes 'co' (abbreviation).
'initially' indicates taking the first letters.
The first letter of 'investing' is 'i'.
'co'+'loss'+'i'='COLOSSI'
'in' acts as a link.
(Other definitions for colossi that I've seen before include "huge figures" , "powerful people" , "Cool sis for big people" , "big statues" , "big figures?" .)