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>unless there is reason to expect burgeoning profits >25 makes sense for a startup with potential for explosive growth, not for an established company
by FredPret 5y ago
>unless there is reason to expect burgeoning profits
>25 makes sense for a startup with potential for explosive growth, not for an established company
- junofan 5y agoThey are monopolies/oligopolies with pricing power. That is the reason.
- FredPret 5y agoFair, but they are vulnerable to having the rug innovated from out under them like the holy-grail-of-investment railroad companies of yore. I wouldn't bet my retirement on the current crop of big tech companies lasting 20-30 years.