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My understanding was that Amazon, until recently, intentionally hasn’t turned any profit. You don’t have to pay taxes if you don’t make any money...
by slashcom 9y ago
My understanding was that Amazon, until recently, intentionally hasn’t turned any profit. You don’t have to pay taxes if you don’t make any money...
- calebm 9y agoWhich is one reason why the high-revenue/low-profit growth strategy is so good. It feels similar to me how in chess you sacrifice pieces to capture control of the center of the board.