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How very unfortunate that they must now focus on "building profitable businesses". You know, there was a time when that was the very point of running a business
by peburrows 10y ago
How very unfortunate that they must now focus on "building profitable businesses". You know, there was a time when that was the very point of running a business.
- disc 10y agoAgreed, though it wasn't very long ago that growth was valued much higher than profitability. Maybe our opinion is (slowly) evolving? Perhaps growth-by-all-means is a perfectly valid play in an extremely network-effected market, while other markets might be better served by focusing on profitability?
- kesselvon 10y agoMaybe they're realizing that growth doesn't always translate into profitability. See twitter for example