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> Arguably they could be now, if they didn't invest in growth as much. Bingo bango https://qz.com/1196256/it-took-amazon-amzn-14-years-to-make-as-much-net-pro

> Arguably they could be now, if they didn't invest in growth as much. Bingo bango https://qz.com/1196256/it-took-amazon-amzn-14-years-to-make-as-much-net-profit-as-it-did-in-the-fourth-quarter-of-2017/ https://qz.com/1196256/it-took-amazon-amzn-14-years-to-make-... > Keep in mind that Amazon consistently lost money for its first several years as a public company. It first reported a quarterly profit in the fourth quarter of 2001 [...]

mises 8y ago
Amazon massive economies of scale due to operating a highly efficient worldwide supply chain. I don't see Slack's average variable cost per unit going down in that same way. Amazon also made a lot of money on things like AWS by reinvesting, which is why they weren't profitable. They were burning that money by reinvesting it, not for operating expenses.