Alphabet overtakes Apple to become most cash-rich company

Re:Alphabet overtakes Apple to become most cash-rich company by scarface74 on Friday August 02, 2019 @06:36PM (#20597223)

I realize that, but the companies I’m referring to - the VC backend companies and the YC backed public companies aren’t cash flow positive.

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Re:Alphabet overtakes Apple to become most cash-rich company by chrischen on Saturday August 03, 2019 @02:37AM (#20599023)

Yes but my point is that if they're reporting profits it'd mean they'd have run out of things to spend money on (R&D, employees, product dev, etc). The whole point of VC funding is that so much money will go towards product dev that they'd need external funding.

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Re:Alphabet overtakes Apple to become most cash-rich company by scarface74 on Saturday August 03, 2019 @09:59AM (#20600436)

And how does that apply to a public tech companies that are still losing money like PagerDuty, Dropbox, Mongo, and ElasticCo?

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Re:Alphabet overtakes Apple to become most cash-rich company by chrischen on Sunday August 04, 2019 @12:24AM (#20604416)

They have the same obligation to shareholders to increase future profits, not to hoard cash, which is what income tax discourages.

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