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What about companies that aren’t remotely profitable at all? Isn’t that a huge portion of notable tech companies?
by tshaddox 5y ago
What about companies that aren’t remotely profitable at all? Isn’t that a huge portion of notable tech companies?
- tomrod 5y agoBetter term would probably be revenue driver, which is typically what is meant by "profit center." In other words, IT brings sales contracts through the door.
- burntoutfire 5y agoFor banks, online banking is a huge driver of business. Some banks have even started claiming (I suspect mostly for recruiting purposes) that they are "in tech sector".