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I think the point is that just because Snap, Inc. [or insert unicorn here] had rapid growth over the last few years doesn't mean it's a better or stronger compa
by everdev 8y ago
I think the point is that just because Snap, Inc. [or insert unicorn here] had rapid growth over the last few years doesn't mean it's a better or stronger company than those it outpaced.
Past stock prices unfortunately are not guarantees or even good predictors of future success.
I think the other point is that Apple started decades before Amazon. I'd be curious to see a year 1-24 side by side comparison (adjusted for inflation). So, '76-'00 for Apple vs. '94-'18 for Amazon.
Companies grow slower as they age so saying Amazon's 24th year outpaced Apple's 42nd year isn't really apples to apples.