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Companies that prioritise profit vs growth are those who achieved limits of growth and can't grow anymore - they also have the greatest market power so can extr
by anovikov 3y ago
Companies that prioritise profit vs growth are those who achieved limits of growth and can't grow anymore - they also have the greatest market power so can extract lots of profit. They are called "blue chips". Think Microsoft. Others tend to either grow to get there, or to get acquired by one of them, or to eventually go bust.
- dotcoma 3y agoI’m not saying you are wrong; I am just asking if this is the only way to do business, or the best way.
- r_singh 3y agoIMHO the best way is that of SmugMug who managed to not only outlive but also eventually acquire the oh so hyped and much more funded competitor that I would’ve guessed would have finished any profitable business in its category all while staying true to their users. Customers who make rational buying decisions can be so powerful.