@humphreytalks: Why are companies unprofitable? How can they continue to operate? In this video I explain one of the strategies that many companies often use to grow as quickly as possible. Blitzscaling isn’t always the exact term for every one of these situations, for example, Snapchat is already big enough that they aren’t “blitzscaling” anymore - but for newer companies that are trying to grow as quickly as possible at the expense of profitability - it does apply.

Humphrey Yang
Humphrey Yang
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Region: US
Friday 28 June 2024 15:14:51 GMT
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og4119
OG :
Amazon took 10+ years to become profitable. In the end it works. But you have to be able to hold out.
2024-06-28 16:12:13
281
simeonowens2
Simeon Owens :
I'm surprised LinkedIn is even around nobody uses it
2024-06-28 16:47:12
107
im_nobodywtf
Noel :
So weird. I’m losing money too
2024-06-28 15:30:19
8
mikel__25
Mikel :
plus they don't have to pay taxes
2024-06-28 16:49:13
5
jb1831
jb1831 :
Netflix tried to do this but lost a lot of their market share to other platforms
2024-06-28 19:39:24
19
fmveethree
Frank :
Depreciation.
2024-06-29 00:39:56
4
jtcintl
JTC Intl :
and this is why the IRS shouldn't care if you are consistently in the red year after year.
2024-06-29 07:21:50
17
ripcoolio2022
Enrique :
I am so in on Rivian, but it will take a few more years to see any real return.
2024-06-28 21:19:56
6
itsmeltc
It’s Me LTC :
Truth Social is the exception. Just a plain meme stock
2024-06-28 23:35:42
3
kylobigjonren
kylojonren :
you also have to include assets real and digital.
2024-07-03 10:48:45
13
coloradoevertonian
coloradoevertonian :
Part of the thing with how Rivan is losing money is based off their amortization schedule
2024-06-28 18:52:42
5
jaymason126
Miso :
Hi cutie
2024-06-29 14:56:53
3
l__lululu__l
l__lululu__l :
A system that is set up to help the wealthy & elite evade any responsibility doesn’t make sense?
2024-06-30 11:20:59
2
vicki.lester
Vicki Lester :
The you have pre-revenue publicly traded companies
2024-06-28 15:32:53
14
kia_safarpour
Kia :
A lot of streaming services like Disney+ are unprofitable
2024-07-02 04:09:33
27
is1ek
Isle :
Spotify
2024-07-01 12:49:41
3
tomwilson.jpg
tomwilsonjpg :
They just like me fr
2024-06-28 15:37:21
4
erikmyxteriino
erikmyxteriino :
doesn’t uber still lose money??
2024-06-30 04:02:05
2
emminreallife
EMM AKA BLACK DIAMOND :
Wow super interesting Ty
2024-06-30 16:11:26
3
mmmppeachesss
mmmpeachesss :
but wouldn't this also be a possible NOL? if the company is enduring loss, they can can then carry it forward when there's revenue to be taxed
2024-06-28 23:42:11
9
itchypink
roseysmiley :
A downside is that the longer you’re in the market, the more viable competitors pop up to give consumers other options.
2024-06-28 16:11:06
53
fiscalsage
Gage | Finance Tips, Stories :
Debt and equity funding raises a bunch money for operations
2024-06-28 18:56:32
5
dr_sharp
sharpsichord :
didn't Tesla take 13 years to turn a profit?
2024-06-28 17:54:32
7
taylorseverson3
Taylor Severson :
This comment section, while small, does not disappoint
2024-06-28 15:43:32
6
saucehoee
saucehoee :
Where is Rivian getting $6B a year to spend tho? That’s one hell of a gravy train
2024-06-28 15:31:17
5
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