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Re:A golden age of consumer convenience is passing by nightski on Sunday August 21, 2022 @03:30PM (#32543581)
This is false. Amazon had zero profits for a very long time and was publicly traded. It did very well. There are numerous examples like this.
Re:A golden age of consumer convenience is passing by Jensson on Sunday August 21, 2022 @05:06PM (#32544444)
That is exactly what I said, publicly traded companies cares about growth over profits, while companies that never intends to go public and therefore doesn't benefit from valuations tend to care about profit over growth.
Re:A golden age of consumer convenience is passing by ChrisLomont on Sunday August 21, 2022 @05:57PM (#32544864)
Profit and growth go together. In Amazon's case lots of profit is what fueled their growth: at each point they made far more money than needed to sustain, so they bought growth instead of paying out to shareholders.

The two are intricately related.

Re:A golden age of consumer convenience is passing by nightski on Monday August 22, 2022 @01:30AM (#32547701)
Sorry I misread your comment. Either way I don't think either extreme viewpoint is right. I'd say publicly traded companies and their investors care about both growth and profits for different reasons.