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by atleastoptimal
52 days ago
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Many tech companies operate at a loss initially, that is the point of venture markets in firms that invest heavily in R&D, the initial investment will pay off once the technology matures. As for Meta’s shady accounting, I also inside most tech companies leverage whatever they can to remain competitive in a high growth market. They certainly have the money to get away with it though for now. |
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That's not guaranteed. Just look at the Metaverse. It did not pay off.