3 ms·
Because profit doesn't matter as much for a growth story, growth does. They do it to themselves... in the face of this 'miss' the CEO continues to pitch the gr
by blihp 5y ago
Because profit doesn't matter as much for a growth story, growth does. They do it to themselves... in the face of this 'miss' the CEO continues to pitch the growth story: https://www.theverge.com/2022/2/10/22925114/twitter-earnings-q4-2021-parag-agrawal https://www.theverge.com/2022/2/10/22925114/twitter-earnings... So it should be no surprise when the financial reporters and markets flog them when they miss.
- judge2020 5y agoFor reference, Amazon would have had $1.8 billion in losses had it not been for AWS's insane profit [0]. https://www.geekwire.com/2022/amazon-would-have-posted-1-8-billion-operating-loss-in-q4-2021-if-not-for-amazon-web-services/ https://www.geekwire.com/2022/amazon-would-have-posted-1-8-b...
- newaccount2021 5y ago