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A comment on We must return to an economy fueled by innovation, rather than disruption. Parent comment

Re:We must return to an economy fueled by innovation, rather... by stevehawk on Sunday March 13, 2022 @11:20AM (#30661974)
you said profit seeking but I believe you meant rent seeking. All businesses profit seek, it's how you fund innovation after paying your bills.
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Re:We must return to an economy fueled by innovation, rather... by imtringued on Monday March 14, 2022 @03:32AM (#30669436)
Amazon didn't need profit to fund innovation.
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Re:We must return to an economy fueled by innovation, rather... by HWR_14 on Monday March 14, 2022 @11:35AM (#30673655)
They make a profit, then plow that profit back into innovation. I believe for more than two decades now.
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Re:We must return to an economy fueled by innovation, rather... by stevehawk on Thursday March 17, 2022 @04:55PM (#30715797)
they absolutely did. the reason why they had no profit is because they reinvested every penny back in themselves instead of paying it out in dividends or hoarding cash
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