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It is a valid approach. In fact I'd argue that companies being profitable in the first month (or first year) are the exceptions, not the rule. Another public e
by kerryfalk 14y ago
It is a valid approach. In fact I'd argue that companies being profitable in the first month (or first year) are the exceptions, not the rule.
Another public example is Amazon, they didn't record a profit until 8 years after incorporation: http://news.cnet.com/2100-1017-819688.html http://news.cnet.com/2100-1017-819688.html