Re:Amazon Is Now Worth More Than Wal-Mart
by chronic40 on Friday July 24, 2015 @04:30PM
(#9944989)
Mowing 50% of lawns in the US means nothing if you still net a loss. When do people stop basing valuations based on the hope Amazon will make a profit? Hint
[ Parent
| on HN ]
If the only reason you're operating at a loss is that you're spending everything you make on gaining new customers, then you just stop reinvesting and are immediately hugely profitable.