>Unlike other kinds of businesses, these companies face very little pressure to control costs
This is not really true anymore and is exactly why Google and Amazon are doing big layoffs. Money isn't free anymore. The "just grow at all costs" couldn't last forever and it's finally coming to an end
Investors are specifically expecting profitability now and not just growth of customers. The end of what you're talking about is precisely what is happening now
This is not really true anymore and is exactly why Google and Amazon are doing big layoffs. Money isn't free anymore. The "just grow at all costs" couldn't last forever and it's finally coming to an end
Investors are specifically expecting profitability now and not just growth of customers. The end of what you're talking about is precisely what is happening now