Comment on Bootstrapping vs Funding - a tax arbitrage

Vinay Upponi commented on 07 Aug 2020, 05:54 PM

Haven’t ever come across a more succinct explanation of this issue. The question that begs to be askedHow does a conventional profit-seeking firm compete with a growth-chasing firm, which has no compunction about making profits and hence has tremendous capacity to outspend unlike the former?

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