[mffnbs]

It sounds like they're either completely downplaying the idea that a company can temporarily forgo profitability for increased growth or they're ignorant of the fact that this is what they're doing.

People act like this is a modern travesty born out of the valley but it's moreso that the local restaurant you frequent isn't unique or intriguing to investors, so of course they don't have a backing allowing them the freedom of making a similar business decision.

If someone gave your restaurant a million dollar investment, do you make sure you're careful to keep your spending under your revenue intake? If so, then that investor just threw a million at you to literally keep it in the bank and to continue doing exactly what you were doing before then. In which case, why did you seek investment? Or do you perchance consider that you could use that investment to improve your business and future revenue?

It's not hard to determine why a company with a billion dollars in the bank might want to utilize that to accelerate growth. Amazon could have been profitable twenty years ago but then they would simply be an online bookstore.