3min chapter

Equity cover image

Venture's Q2 was calm (and that's not good)

Equity

CHAPTER

Why Aren't Software Companies More Profitable?

Growth at all costs is great for growth. But when you get to an actual business, it hasn't been what VC has been set up to do or to create. Getting closer to creating those profitable companies would probably be a benefit overall. It just takes so long they might actually miss the current preference way. There's no escape from gravity forever. And that's why Microsoft spends so much money buying back at stock.

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