But maybe not great at finance?

Why are they paying taxes if they have a huge order backlog. Expand your production capability. Amazon famously had no profits on paper for many years because of their relentless expansion.

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kstrauser 6 hours ago | parent | next [-]

> Why are they paying taxes

"Paying our taxes" in this kind of context is nearly always shorthand for "filling out our tax returns". That part usually takes a substantial hunk of time. The actual payment process is typically writing a check or entering credit card info, which just takes a few seconds.

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bcantrill 6 hours ago | parent [-]

Well, in this case it was actually literally paying our taxes. (In the photo, Steve is about to initiate a wire to the IRS.) At our size, it's not a check -- and certainly not a credit card.

As to why we're paying taxes: while tax minimization is certainly a thing (and we have taken advantage of things like R&D tax credits), we're paying taxes because we're profitable.

	▲	kstrauser 3 hours ago \| parent \| next [-]
		Hah, well, I stand corrected. And also, huge congratulations on profitability!
	▲	gavinhoward 5 hours ago \| parent \| prev [-]
		As someone who has applied less than 6 weeks ago, this is great news. I can't wait to hear back!

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baobabKoodaa 6 hours ago | parent | prev | next [-]

Maybe they're not trying to be great at the tax avoidance game.

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ameliaquining 5 hours ago | parent | prev [-]

The post is about how they don't have the capital to safely expand production capacity, which is why they're raising more.