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> Still, tons of bad news is still a ton of bad news. I think the point is that it's not bad news. Losing money can be good for a company if it's being done in
by badfrog 7y ago
> Still, tons of bad news is still a ton of bad news.
I think the point is that it's not bad news. Losing money can be good for a company if it's being done in a way that leads to long-term growth. Amazon didn't have a profitable quarter for ~7 years after its IPO: https://www.theatlas.com/charts/BJjuqbWLz https://www.theatlas.com/charts/BJjuqbWLz
- leannekim 7y ago> Losing money can be good for a company if it's being done in a way that leads to long-term growth. I guess. But being profitable while growing is better.
- Barrin92 7y agoAmazon also actually owned assets and supply chains instead of owning nothing apart from an app on a phone that countless of competitors have already copied.