News for hackers. Stuff that matters.

A comment on Why Amazon Has No Profits and Why It Works. Parent comment

Re:Why Amazon Has No Profits and Why It Works by jamestimmins on Friday September 05, 2014 @06:10PM (#8276579)
Makes me think of Peter Thiel's line: "we like to invest in businesses that aren't making a profit, because they know what to do with their money". Businesses that are paying back profits via dividends/buybacks are communicating that they have more money than they know what to do with (at least Thiel would say so).
[ Parent | on HN ]
Re:Why Amazon Has No Profits and Why It Works by dinkumthinkum on Friday September 05, 2014 @11:07PM (#8277351)
Some business are simply motivated by profit rather than making headlines with mercurial statements on TechCrunch.
[ Parent | on HN ]
Re:Why Amazon Has No Profits and Why It Works by cthalupa on Tuesday September 09, 2014 @03:01AM (#8289056)
Considering Thiel's net worth of 1.5billion, I imagine he's motivated by making a profit as well.
[ Parent | on HN ]