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Being profitable isn't the same as sustainable.

Even a simple shop isn't profitable for months if it needs to buy stock up front, and run some ads to let people know about it. The money for that comes from the shop owners as an investment.

This is the same thing but on a slightly bigger scale, over a longer time frame.

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If your shop is unprofitable for years with no chance to recoup any of the costs, you close it, as your investments run out, and investors and banks stop giving you money as you keep losing them.

US tech companies just continue operating because "revenue and growth".

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