| ▲ | Rury 12 hours ago | |
Now do costs. You're also ignoring the fact that these companies have been shifting things around to make their books look better than they actually are. Here's a good example explaining how META has been keeping debt and lease obligations off its books to fuel growth (and who's at risk if META doesn't pay up): https://www.reddit.com/r/economy/comments/1soent7/if_the_ai_... | ||
| ▲ | atleastoptimal 7 hours ago | parent [-] | |
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. | ||