https://www.youtube.com/watch?v=-X6YzlY_8tM
The stock price reflects the potential of the business in the future as well as its current concrete value.
if that's the reason, why people invest in amazon then since Amazon literally need 20 years for that company to be profitable
because they are not targeting dividend that's why, they expect the exponential growth by re-investing profit to grow the business at scale
we literally live in YC subs where (almost)every startup isn't profitable either but VC still invest, I wonder why you write this
The stock price reflects the potential of the business in the future as well as its current concrete value.