Comment on Does enshitification happen because companies are publicly-traded?

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burningmatches@feddit.uk ⁨2⁩ ⁨months⁩ ago

Yeah, but we’ve had countless examples of loss-making tech companies with sky-high valuations. Amazon didn’t make a profit for something like 20 years. Investors of course want returns, but they can differ on the timeframe they’re willing to wait for them.

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