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Abstract:You can't have a company worth billions of dollars and not make a profit, right? Wrong, and here's why.
Slack Technologies, a messaging service used by companies across the world, has been valued at around 16 billion dollars. It's one of several high-profile tech companies, including Uber and Lyft, going public this year.
But plenty of companies which are valued at billions are yet to make a profit.
The BBC's Consumer Correspondent Colletta Smith explains why.
Produced by Bryony MacKenzie
Edited by Sam Everett
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