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Amazon has only been unprofitable one year since 2001, and cash flow positive every single year. They are the exact opposite of Tesla because they didn't requir
by xkjkls 7y ago
Amazon has only been unprofitable one year since 2001, and cash flow positive every single year. They are the exact opposite of Tesla because they didn't require returning to the capital markets every two quarters.
> In today's launch industry it's like a license to print money. It's really hard not to consider them profitable, even if they are private and don't show financial results.
Every report on their financial results says they are unprofitable, and they continue to want to raise more and more money.