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Makes me think of Peter Thiel's line: "we like to invest in businesses that aren't making a profit, because they know what to do with their money". Businesses t
by jamestimmins 12y ago
Makes me think of Peter Thiel's line: "we like to invest in businesses that aren't making a profit, because they know what to do with their money". Businesses that are paying back profits via dividends/buybacks are communicating that they have more money than they know what to do with (at least Thiel would say so).
- dinkumthinkum 12y agoSome business are simply motivated by profit rather than making headlines with mercurial statements on TechCrunch.
- cthalupa 12y agoConsidering Thiel's net worth of 1.5billion, I imagine he's motivated by making a profit as well.