Comments by "Maxwell Benz" (@Tential1) on "I promise, and I can prove it" video.
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@alakani lol, you never read the Financials... 4k video is going to kill YouTube. Put your own money on the line, you learn the business quickly. 4k video at mass scale isn't possible. Bandwidth is too much. Again, this was never a profitable business until recently. You guys just assume everything businesses do is profitable. Businesses lose money regularly lol. Especially in the 0% interest rate environment we had for 10+ years. Making money wasn't even a priority. My first job was to burn 10m dollars to acquire customers. I was never asked to make a profit. In fact, I was explicitly told NOT TO. to you, a normal person, I get it, you think businesses always make money. But if that was the case, investing would be brain dead easy. It's not. Picking companies that won't die, lose money, etc. Is hard. And most companies only have one thing generating all the profits. Google is purely adsense. That's how they pay for everything. YouTube was a "I hope it makes money." yes, you can't drop billions on a hope. Welcome to investing at the big leagues. Where pure Insanity happens.
It's really impossible to explain this until you burn your first couple million doing this, and well 99.9% of people will never do that, and thus never remotely understand what we're doing.
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