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Amazon survived just fine without being profitable for something like two decades.
by elliekelly 3y ago
Amazon survived just fine without being profitable for something like two decades.
- bioemerl 3y agoI feel like we would all have been better off if Amazon had not been allowed to do this.
- elliekelly 3y agoI absolutely agree.
- reissbaker 3y agoInvestors are willing to put a premium on growth, even if it means the company is unprofitable (for certain definitions of unprofitable — you have to be convincing that you could be profitable, if only you stopped spending so much on growth). If you're unprofitable and losing users you're in trouble.