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> being able to grow revenues from acquired companies. correction: being able to inflate and cover up their losses by acquiring already successful companies
by Kukumber 4y ago
> being able to grow revenues from acquired companies.
correction:
being able to inflate and cover up their losses by acquiring already successful companies
- arcticbull 4y agoDoesn’t matter what you call it, the system works apparently. Not many companies can say that.
- Kukumber 4y agoIt is important when you want to draw conclusions; you should use factual data, not your emotions
- eightysixfour 4y agoYour response appears to be much more emotionally driven than articbull’s. He is simply acknowledging their business model and the fact it is clearly a system that works, you’re assigning it some kind of value.
- Kukumber 4y agoI read it again and i can see that, you are right, that wasn't the intent, i felt the comment was trying to downplay losses, so i felt the need to remind the differences, even more so since they just announced laying off 10k employees, including destroying the entire AR/VR/MR team
- arcticbull 4y agoYeah sorry I didn't mean it to come across that way! I see their core business as changing, and they're being resourceful in leveraging acquisitions to continue to deliver shareholder value into the future. I think this is a strategy that many companies have historically executed on very badly.