This argument always blows my mind. Who cares about revenue? Profit is what counts. If you make 10 trillion, but have to spend 10 trillion and 1, you're failing.
Web-based companies have to make a profit too. Why do people forget this?
Web-based companies have to make a profit too. Why do people forget this?
I'd invest my money in a company who makes 200,000 in revenue with 100,000 in profits much faster than one who makes 200,000,000,000,000 in revenue with 0 in profits.
To me, this seems so basic, and I'm certainly not very well versed in business. Am I missing something?