Are credit cards really broken?, page-15

Analysts have a long history of misunderstanding Amazon.

For years, investors have complained that Amazon is chronically unprofitable. In the early years, after Amazon was founded in 1994, a lot of serious people argued that perhaps Amazon was fundamentally broken, that it would never make money and would eventually collapse.

It didn’t.

Instead, Amazon grew and grew, reporting bigger and bigger revenues year after year.

But never any profits.

A lot of people believe that if a company never makes money, it must, fundamentally, go bankrupt. This isn’t the case, as Amazon proves.

As long as the company can grow its revenues, it can spend any profit it makes on new lines of business that throw off more revenues. Those revenues may also be profitable, and those profits can in turn be immediately spent again on more growth. By eschewing profits, the company can also offer the lowest prices possible (which is why consumers are so loyal to it). Some parts of the company are profitable and fuel growth in others.

So it doesn’t matter if Amazon never makes a dime.

Does the above sound familiar? Naysayers have been saying the same about BNPL.

What they don't understand is Z1P is in the high growth stages. Obviously expanding and acquiring to be a global market leader.

I can't see any issue with the cash position based on the above.

Further to note why would someone like Ahu Chhhapgar and Levi Aron join Z1P if it was sinking? Why would they leave their MD / CEO roles for a lower position? Clearly they have vision and know what's coming.