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slashcom
3007 days ago
My understanding was that Amazon, until recently, intentionally hasn’t turned any profit. You don’t have to pay taxes if you don’t make any money...
1 comments
calebm
3007 days ago
Which is one reason why the high-revenue/low-profit growth strategy is so good. It feels similar to me how in chess you sacrifice pieces to capture control of the center of the board.
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