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Comment by scarface74

Facebook - didn’t raise billions and was profitable when it IPOd

Amazon - operates on thin to non existent profits for years but use much of its own money to grow through operating cash.

Apple - definitely didn’t raise billions in the 70s and was profitable at IPO.

Netflix - I don’t know much about Netflix.

Google - grew fast but it also had a profitable business.

Microsoft - famously, MS didn’t even need the VC money it got early on. It took the money because it wanted the expertise of the investors.

parent scarface74 6 years ago

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