Bango makes a profit - Cambridge News

[Acorn Newsbot]

Bango makes a profit
Cambridge News
Bango was founded 11 years ago, initially to provide numbers for domain names. The company is based in the Westbrook Centre off Milton Road .

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[Ellis]

Am I reading this right?

Company formed 11 years ago, has a turnover of £26million and has only just posted it's first profit - a measly £10k !

 

[Edwin]

Quite often that's a deliberate business decision. Reinvest everything in growing the business, then when you want to show a profit, flip off the promotion switch and there you have it...

 

[philipp]

Quite often that's a deliberate business decision. Reinvest everything in growing the business, then when you want to show a profit, flip off the promotion switch and there you have it...

Hm maybe. However jam tomorrow is one thing, jam in 11 years time is tantamount to starvation

And besides - 'bango' *shudder* there must have been vastly more appealing names around in 1997!

P.