Comment by freddie_mercury
6 years ago
Sure. Upon re-reading my comment I wasn't very clear. What I meant was along the lines of: the past decade VCs have convinced startups that they don't need to be profitable for many years. That's a pretty recent aberration. It took Google less than 3 years to become profitable, for instance.
I think the argument is less between "startups" and "tech giants" and more between "profitable companies" and "unprofitable companies". Profitable companies can also grow quickly, after all.
No comments yet
Contribute on Hacker News ↗