Stop Focusing on Profitability and Go for Growth
Harvard Business
MAY 1, 2017
Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. So, in real terms, debt financing is essentially free. Think the iPhone at Apple, horizontal drilling at Continental Resources, or the reinvention of home goods at Ikea. times global GDP).
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