• marmo7ade@lemmy.world
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    1 year ago

    Youtube operated at a loss for many years. I think it still does. Google has many products. They take the profit from one product to offset the losses from youtube.

    Econ 101. Stay in school.

    • sky@codesink.io
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      1 year ago

      If we’re talking about Econ 101 maybe Google shouldn’t have purchased a company that couldn’t turn a profit after nearly a decade without rent-seeking.

      • RecklessDwark@lemmy.ca
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        1 year ago

        Ever hear of a loss-leader? Econ 101…

        But I’m sure a random guy on Lemmy knows a bit more than one of the largest corporations on the planet. You should apply for a job there, they might like your ideas.

        • Thoth19@lemmy.world
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          1 year ago

          I don’t think you know what a loss leader is bc it doesn’t precisely apply here.

          Also Google isn’t that hot of a place to work tbh.

    • cybermass@lemmy.ca
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      1 year ago

      YouTube has definitely been profitable for many years dude, I don’t know what your on about.