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by cm2012
1894 days ago
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Someone once described Amazon as essentially a charity since they didn't take profits for shareholders in the first 20 years of their existence even though they could have. Even now they still reinvest most profits into capex. |
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But even with non-charity non-profit, Bezos wouldn't be so wealthy. Still, that's not your point. Your point is that it operates in a way to advance its business activities rather than to distribute profits, and that's largely true.