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People look at profits with a narrow focus. It's entirely possible for a widely profitable company to have no future than a company reporting a narrow loss. It'
by 8ytecoder 7y ago
People look at profits with a narrow focus. It's entirely possible for a widely profitable company to have no future than a company reporting a narrow loss. It's also possible that a company has reached it's end of days for lack of a way to sustain profits.
Hypothetically speaking, if there were a reporting mechanism that clearly separated operational expenditure from re-investments, Amazon and Uber would likely be in two different ends altogether. More importantly, Amazon didn't just reinvest into existing products, they were also adding entire new categories of businesses (AWS), new models of operation (2-day shipping) and relentlessly adding new categories (wider selection) - all at the same time.
It's possible that Uber might be doing something similar, I'm just not that aware of the breakdown of Uber's expenditures and losses.