>> Seriously, that's a crapload of money.
>
> But you need to compare it to the revenue and value of the company. A
> company that loses $50m but is only worth $150m is in trouble, but one
> worth $30000m probably doesn't need to worry about losing $50m in a bad
> year.
How do you determine what some company is "worth"?
>> I've always wondered how you can
>> lose that much money and not be shut down...
>
> Because the shareholders believe you have a plan to make profit at some
> point...
So it's a question of making people *believe* that you will make money
some day?
Suddenly the dot-com bubble makes *so* much more sense...
Post a reply to this message
|