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March 18, 2013 07:00 am GMT
As they reach the stage when theyre approaching profitability, fast-growth companies have a choice: they can either focus on profits - or on market share and scale. Our preference is that they continue to focus on growth. Although this, in turn, stimulates economic activity and employment in the wider economy, thats not the main reason we favour this route. We simply think its good business to build markets and market share rather than focus on profitability, which can be delayed and deferred.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wFla0Sx8V94/
The UK's Growth Dilemma: Taxes Keep The Biggest Startups From Taking The Next Step To IPO
As they reach the stage when theyre approaching profitability, fast-growth companies have a choice: they can either focus on profits - or on market share and scale. Our preference is that they continue to focus on growth. Although this, in turn, stimulates economic activity and employment in the wider economy, thats not the main reason we favour this route. We simply think its good business to build markets and market share rather than focus on profitability, which can be delayed and deferred.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wFla0Sx8V94/
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