> you'll have a much better chance of survival if your company makes a profit (which is frighteningly rare these days)
What do you mean by rare? The biggest employers in the world [0] have massive, healthy profits. I tried to find the biggest company that was money-losing but gave up after looking at the top 25. Even in you look specifically at tech [1] this is true.
[0] https://companiesmarketcap.com/largest-companies-by-number-o...
[1] https://companiesmarketcap.com/tech/largest-tech-companies-b...