8 Famous Companies That Aren’t Profitable
Even if cash is king, a business doesn’t always have to turn a profit to be a success. In fact, some of the biggest companies in segments like tech and lifestyle have yet to break even.
What’s keeping them in business is their potential for growth and investors who believe that future gains later are better than money in hand now. They’re sacrificing profits today, the bulls believe, to invest for success down the road.
The bears, on the other hand, would just feel better if they saw some black ink.
Either way, here’s a look at 11 companies that you might be surprised to learn are not known for turning a profit.