Re:An account is now required to read Reddit comment threads?
by jermaustin1 on Friday December 13, 2019 @10:14AM
(#21782257)
Profits pay for owners (not just investors). If my company made $0 profit I’d be better off working at McDonald’s.
Re:An account is now required to read Reddit comment threads?
by xemoka on Friday December 13, 2019 @10:51AM
(#21782592)
Sure, if your only goal is dollars and cents. People should have more, and better, goals than /just/ money. This obsession with only turning a buck is why we can’t have nice things that last.
Re:An account is now required to read Reddit comment threads?
by jermaustin1 on Friday December 13, 2019 @10:58AM
(#21782664)
Let me rephrase it then, if my company made $0 profit, I would be unable to afford my mortgage/bills/insurance, and would have to get a job, taking me away from my company.
Re:An account is now required to read Reddit comment threads?
by alunchbox on Friday December 13, 2019 @11:40AM
(#21783083)
That's not entirely true? I mean unless you're not paying yourself then absolutely I agree with you. But we're making it sound like these companies "reddit" back in the day wasn't turning a profit to pay for the mortgage/bills/insurance or hosting. They were it just wasn't to the extent were investors and the owners could buy private jets and mansions. Not sure if that's a bad thing or a good thing but I do believe they were living well off.
Also profits pay for non of the things you listed, profits pay for investors.