New York State is ridiculous in general with taxes. They withhold bonuses at ~11% even though the max marginal tax rate is ~7%, so they can get a free interest free loan every year. And they make it illegal to set allowances (e.g., pay a lower tax rate the rest of the year since you over paid with your bonus). I work in finance and my New York State refund is close to $10k every year because of this.

Statistically, yes. Most creatives peak somewhat young.

Do you know why they aren’t profitable? It’s because they are investing heavily in Capex, and could be very profitable the second they weren’t chasing growth.

Look at how late in the game Amazon chose to become profitable.

You can literally look at their finance statements, they made a profit the quarter I referenced.

Uber made a profit in Q4 2021, and has had positive cash flow for a while.

I’ve had 5g for a while?

I’ve had it for a while?

I’ve had it for a while?