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submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 6 points 1 year ago

for a company that can’t turn a profit and lost 90+ mil last year and 700+ cumulative. The CEO got 193 mil last year

A private company doesn't really need to turn a profit...

Even publicly traded companies just need to do it because it effects shareholder price.

With tax shenanigans, it's often better for a private company to never turn a profit.

If profit was important, they could have just paid the CEO 100 million and turned a 3 million profit.