this post was submitted on 23 Aug 2024
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Yes, but how much cashflow did it have, and how much in dividends did the individual stakeholders receive.
It never didn't pay it's taxes afaik
Edit: I'm fact checking myself, Amazon's strategy is reinvesting all profits to support further growth. They were never in a position like the other poster is describing.
There were companies that didn't survive the dot com crash despite being worth billions. Amazon is a company you would recognize, even though a better company is pets.com
If you bought their stock you would be very rich for a very short while until it went bankrupt