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> these companies never exhibited the ability to make any money the most talked-about layoffs right now are happening at salesforce, facebook, amazon, etc. I'm
by twelve40 4y ago
> these companies never exhibited the ability to make any money
the most talked-about layoffs right now are happening at salesforce, facebook, amazon, etc. I'm not sure what you are trying to convey or which hypothetical companies you are talking about, but these are printing money.
- cudgy 4y agoMy analysis is not limited to the “most talked-about layoffs” (whatever that means) nor is it limited to some cherry-picked old cash-cow behemoths that are going to have much slower growth rates going forward. Possible exception is Facebook if they can make the VR bet work, but I have serious doubts about VR being commercially profitable within the next 20 years and even more doubts Facebook will be the company to make this happen.