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Monday, 03/18/2019 4:33:12 PM

Monday, March 18, 2019 4:33:12 PM

Post# of 4799
It's apples and oranges, but for perspective, Facebook didn't start making money until 8 years after they launched...never mind profitability.

Amazon operated in a MASSIVE hole for years before they started killing it--several years.

CNBC: "No profit? No problem. Investors keep snapping up loss-making companies"

Key quotes
:
(1.) "Profits are crucial to the growth of any company, but some of the biggest names in business today have yet to make money."
(2.) “What if equity value has nothing to do with current or future profits and instead is derived from a company’s ability to be disruptive, to provide social change, or to advance new beneficial technologies, even when doing so results in current and future economic loss?”

https://www.cnbc.com/2018/08/29/no-profits-no-problem-the-economy-has-a-growing-appetite-for-unprofitable-companies.html
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