It has ofc. But with capital costing nothing and inflation being around zero did investors have very low return demands and growth were what was prioritized. It is very clearly seen in private companies and VC backed companies. They need to pivot against profitability asap.
Everyone was hoping for the sweet FCF but it was okey it was 5-10 years in the future.
I would say that focusing on profits and FCF was always the only real way
It has ofc. But with capital costing nothing and inflation being around zero did investors have very low return demands and growth were what was prioritized. It is very clearly seen in private companies and VC backed companies. They need to pivot against profitability asap.
Everyone was hoping for the sweet FCF but it was okey it was 5-10 years in the future.