>Sure. When I say growth, I mean "make more money this year than you did the year before". If I understand tomkarlo's point correctly, he's saying that you don

>Sure. When I say growth, I mean "make more money this year than you did the year before". If I understand tomkarlo's point correctly, he's saying that you don't have to make more money year to year in order to have a viable business. Rather, you simply need to keep expenses low enough to manage a respectable profit for your investors. That profit need not necessarily grow year to year for investors to find it worth holding. Of course, valuations will be made completely differently for such a company, but that doesn't mean they can't exist.