Most Tech companies recycle profit into: platform extensions / increased marketing & sales / and acquisitions
This is the 'land grab' strategy - grow fast as a means of creating bigger future profits and as a defence against competitors
The king of land grab is Amazon who have yet to record profits - even after being around for well over a decade
Recycling profits has helped catapult Amazon into an absolute behemoth
You may want to take a glance at Amazon's share price chart over the decade long period of no profits - its eye watering
why ASX?, page-11
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