4 ms·
"As much as its bought for" is a popular response when I've asked this question. I guess it comes down to sematics - is value sort of like Net Revenue Versus Re
by bryang 13y ago
"As much as its bought for" is a popular response when I've asked this question. I guess it comes down to sematics - is value sort of like Net Revenue Versus Revenue? Amazon makes boatloads of revenue, but still hasn't seen the return it wants. How does this affect the value of the company? The stock buyers apparently don't care...
I think these sort of app related multi-billion acquisitions with little or no revenue are a complete farce and do more harm than good - especially when it comes down to a product with NO revenue. It's basically disregarding capitalist business principles for shallow popularity.