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Amazon was founded in 1994 and turned their first profit in 2001. A better example would be Uber, which ran negative until they had less than one year of runway
by forthefuture 4y ago
Amazon was founded in 1994 and turned their first profit in 2001. A better example would be Uber, which ran negative until they had less than one year of runway remaining and then were somehow allowed to scam pedestrians into keeping their unprofitable taxi business solvent.
- szpght 4y agowhat do you mean by scam pedestrians?
- forthefuture 4y agoUber lost all of the money all of the original investors gave them, and sold that bag of dog shit to the public. Everyone who bought the IPO lost money.