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Old 12-12-2001, 10:00 AM  
E-van
Confirmed User
 
Join Date: Jul 2001
Location: Mex
Posts: 447
oh, Paypal is losing money, that's true, but what you have to think about is that this is a common business technique.

In the adult world, you try to make your ROI as fast as possible, if possible, within the same day, however, it's not always possible or even desirable. As a start up company, paypal had to invest a lot of money to gain the CC's trust, millions actually, they are losing money in a controlled way, they know how much they are losing and when the tide will turn. Now, they are planning an IPO, that's a common move, this will give them the fresh cash to turn the tide of loses into gains, it's just a matter of time. Of course, those two sites that are spamming everyone, found the persons that are not happy with Paypal's service, and they are making a lot of noise, but, as with any big biz, you'll have some people not happy with the service they received, no matter how carefully you treat all your clients...

BTW, just as an example, Amazon is losing money as well, and they are still considered a successful company that will in the future turn the loses into cash...

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