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And while revenue was up 72%, income nearly tripled! This is why you invest every penny you have into growing a software company and push profits out as far as
by pbreit 13y ago
And while revenue was up 72%, income nearly tripled! This is why you invest every penny you have into growing a software company and push profits out as far as possible.
- ZenPro 13y agoFacebook is not a software company. http://www.forbes.com/sites/joemckendrick/2012/06/29/rip-software-companies-hello-data-companies/ http://www.forbes.com/sites/joemckendrick/2012/06/29/rip-sof...
- dredmorbius 13y agoIn terms of what actually directly provides value, it's less data and more social lock-in. Arguably software is a large driver of the company's value. This is all pretty much an angles dancing on heads of pins argument, though.
- pbreit 13y agoI disagree but will switch to a "near zero marginal cost" company.
- pyrrhotech 13y agothat's what they thought in 1999 too. Only works as long as your investors believe your story and are willing to keep injecting cash