• Auli@lemmy.ca
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    1 day ago

    Why are they worth so much?/Non are making any money. Its all just a scam and nobody wants to be left holding the bag.

    • BlameThePeacock@lemmy.ca
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      9 hours ago

      They are making money, don’t confuse a lack of profit because of reinvest for failure. Amazon “lost” money for almost a decade.

      Not every company needs to succeed either. Plenty of dead companies from the dot com bubble bursting, yet digital companies are more profitable than ever.