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I think most companies can be characterized this way: "Develop a business that generates large cash flows, then relentlessly plow that money into more profitabl
by source99 10y ago
I think most companies can be characterized this way: "Develop a business that generates large cash flows, then relentlessly plow that money into more profitable side ventures."
- justincormack 10y agoGenerally "plow that money into less profitable side ventures" though is the way it ends up, despite the best intentions. Cash cows are the profitable bits, hard to beat Microsoft Office say with a new venture, you want something that is growing not saturated above short term profits.