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ah, losing money in order to grow. Also known as investing! It's irritating how journalists spin this to imply a company is haemorrhaging cash.
by beaconstudios 6y ago
ah, losing money in order to grow. Also known as investing! It's irritating how journalists spin this to imply a company is haemorrhaging cash.
- shishy 6y ago"loss leadership"!
- refulgentis 6y agoArticle says data centers. They're the chicken that comes before the golden egg
- fred_is_fred 6y agoHow do you "spin" actual financials? They are in fact "haemorrhaging cash". Whether it's a good idea or not is another story.
- beaconstudios 6y agothe story is the spin. "Google Cloud lost $5.6B" strongly implies "isn't making money". The reality is that they are reinvesting. But "Google invests in Google Cloud" is not a story, so it gets spun.