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Amazon didn't make a profit because they were reinvesting money into starting new lines of business. Basically there was a choice between taking the money, and

by btilly 1mo ago

Amazon didn't make a profit because they were reinvesting money into starting new lines of business. Basically there was a choice between taking the money, and growing. They chose growth.

chpatrick 1mo ago
As opposed to...?
- drchickensalad 1mo ago
  Spending all your money on extremely quickly depreciating graphics hardware and model training
  - chpatrick 29d ago
    And model training isn't putting money back into the business?
    - GPerson 29d ago
      It’s not clear. It looks like model training may have a lot to do with uplifting their Chinese competitors whom seem so terrifying to them.
- btilly 29d ago
  As opposed to building a bigger bank account, or paying dividends.