I think the biggest problem is that people don't properly account for how much tech has to spend to fend off competitors. these are often ignored with statement

I think the biggest problem is that people don't properly account for how much tech has to spend to fend off competitors. these are often ignored with statements like 'well they are losing money to grow their market share, but look at the growth!' I even seen people say the same things I heard during the dotcom. dotcom : "it doesn't matter how much money they are losing, what counts is users" dotcom2: "it doesn't matter how much money they are losing, what counts is TAM (total addressable market)