Amazon scaled up leveraging their monster positive FCF 2002-2015 . They didn't need equity raises. Amazon is brought up often with regards to this, but somehow

Amazon scaled up leveraging their monster positive FCF 2002-2015 . They didn't need equity raises. Amazon is brought up often with regards to this, but somehow I've always encountered this argument when it was made as a rebuttal to a critique towards the business technique used by the Celebrity CEO at the helm of a particular car manufacturer (as well as battery manufacturer and solar panels manufacturer, oh and flamethrower manufacturer)