4 ms·

Isn't the official story that YouTube still isn't profitable? If that's true, then Calacanis kinda had a point. http://www.wsj.com/articles/viewers-dont-add-u

• cloudwalking 11y ago
  "YouTube stars in Google's latest earnings call" https://fortune.com/2015/04/23/youtube-stars-in-googles-latest-earnings-call/ https://fortune.com/2015/04/23/youtube-stars-in-googles-late... Like any other business, you reinvest profit as long as your growth is accelerating.
  • ghshephard 11y ago
    The alternative is to stop growing, collect profit, and pay taxes.
• visakanv 11y ago
  Same with Amazon, Shopify and other growing businesses, no? Which then begs the question of "what is a real business". In my book, as long as there are customers who are paying money and they're happy with the results, you're a real business. (Would love to hear counterpoint perspectives!)
  • yc1010 11y ago
    Some small businesses might not turn a profit per se but if the owner(s) get a descent salary each month that might make them happy, the aim is not always to optimize profits for shareholders or get venture capital...