[QUOTE="SoBaus"][QUOTE="LJS9502_basic"]I have a business degree. So stop the condesending comments. Any business that does continues to not create profit will soon be out of business. It IS the reason why companies go out of business. You cannot continue to run in the red.
LJS9502_basic
I also have a business degree (but not from a JR college), but companies like twitter and google had no profit model for a very long time. Executive pay is only increasing over and over again... increasing the earnings gap many times over between the average employe salary.
Again with the ad hominem attacks. I went to a university that was accredited in business. What you are posting in this thread is contrary to the business discipline. Yes...new companies will not generally be profitable for a bit. Then they either become profitable....or they no longer exist. Period. The tax code gives companies a few years to run at a loss. After that they can no longer continue to claim a loss as the government now considers them to be a hobby....not a business. So that safety umbrella is removed.I graduated from UCONN business school, which i believe is like top 10 or 20 in the country. You sound like an accounting major and not a business major.
The value of a company is beyond profits. And companies like google subsist on their reputation as during the search engine wars, they had the worst positioning and they couldnt even sell themselves. Google exists based on customer feedback and loyalty alone.
Thinking everything has to be profitable is the same reason republicans cant understand the value of infrastructure. For instance, do you own a home? are you making profit off that home? based on your very simplistic logic, clearly you shouldnt own that home then.
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