LudicrousSpeed said:
KLXVER said:
Doesnt matter when they spend 60+ billion to buy a company. They are not making a profit. They spend more than they make. Easy as that.
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Another person that doesn't understand how business works.
Let's say you have $1,000. If you leave that money in the bank, after five years you might have $1,060 thanks to interest.
Alternatively, let's say you can take $400 of that money and buy a 3D printer. You then start printing things for people and you make a profit of $50 annually. After five years you have $850 in the bank and a $400 printer. In other words you have $1250 worth of capital. This is a shitty example but it should make it very easy to understand. While it's true, you "spent" $400 on the printer and only profited $250 in those five years, at the end of the day, you are worth more than you are if you just left that money to accrue interest. You can hate business speak all you want, this is accepted accounting methods and all companies use it.
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If I had a company and investors, I would probably use it too. It sounds better. We are not 69B down, we are just worth 69B dollar more now! Hurrah for us!
Just wish it was like that for the rest of us. I bought Gears Of War back in the day for 60 bucks. I now have 60 bucks in assets instead of a game probably worth 5 bucks at most. That does sound nicer, Ill give you that.
Last edited by KLXVER - on 24 October 2023
