Top tech companies that don't make any profit yet are worth billions in stocks? | Sololearn: Learn to code for FREE!

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Top tech companies that don't make any profit yet are worth billions in stocks?

Amazon, Uber, Twitter, Snapchat, Instagram....can you name more?

5/21/2017 7:31:40 PM

Karl T.

3 Answers

New Answer

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To whomever downvoted this question, you just prove my point. Do not be a coward and educate yourself.

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Amazon has been losing millions ever since it started, yet it is still there! People are stupid and this hurts the business.

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The question is why? Because the stock is not related to the company earnings, it is related to what people think the company is worth. The company makes a promise and investors decide if it is true or not, then they give them money based on that decision. a company can survive on investment money only, but of course that can not forever be.