Why Some Digital Companies Should Delay Profitability for as Long as They Can
Harvard Business Review
MAY 4, 2017
When most of the great companies of the industrial era were founded, even the most brilliant economists believed deeply in the law of diminishing marginal returns. How can you continuously defer short term profitability to grow your network effect? But as long as there is stickiness to be created, it’s a sensible strategy.
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