4 ms·
> you'll have a much better chance of survival if your company makes a profit (which is frighteningly rare these days) What do you mean by rare? The biggest em
by rsanek 4y ago
> you'll have a much better chance of survival if your company makes a profit (which is frighteningly rare these days)
What do you mean by rare? The biggest employers in the world [0] have massive, healthy profits. I tried to find the biggest company that was money-losing but gave up after looking at the top 25. Even in you look specifically at tech [1] this is true.
[0] https://companiesmarketcap.com/largest-companies-by-number-of-employees/ https://companiesmarketcap.com/largest-companies-by-number-o...
[1] https://companiesmarketcap.com/tech/largest-tech-companies-by-market-cap/ https://companiesmarketcap.com/tech/largest-tech-companies-b...
- PheonixPharts 4y agoYou didn't make it to Amazon, number 2 on your list, or have you not read their Q1 2022 earnings yet?[0] > Net loss was $3.8 billion in the first quarter 0.https://ir.aboutamazon.com/news-release/news-release-details/2022/Amazon.com-Announces-First-Quarter-Results-f0188db95/ https://ir.aboutamazon.com/news-release/news-release-details...
- HeyItsMatt 4y agoAmazon wrote off it's Rivian investment. Cashflow positive.
- jokethrowaway 4y agoThat's an accounting trick