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Except Amazon was cash flow positive but "not profitable" because it was heavily reinvesting in itself. It was making shareholders mad because they wanted that
by stevehawk 7y ago
Except Amazon was cash flow positive but "not profitable" because it was heavily reinvesting in itself. It was making shareholders mad because they wanted that cash back as dividends. Uber is not cash flow positive and not investing in itself near the scale Amazon was, assuming that we are not counting heavily subsidized rides as self investment.
- tim333 7y agoMaking some dumb shareholders mad. Amazon has been a great investment for anyone who held it long term.