Sentiment has changed quickly. Fascinating to learn how AMZN responded back in 2000s when the Market context changed from growth to profitability. Legendary!

AMZN revenue / EBITDA:
1999: 169% y/y, -19%
2000: 68% y/y, -9%
2001: 13% y/y, +1%
2002: 26% y/y, +5%

and others..

PCLN (BKNG) revenue growth/ EBITDA:
1999: +1269% y/y, -219%
2000: +156% y/y, -7%
2001: -5% y/y, +1%
2002: -14% y/y, +2%

NFLX revenue growth/ EBITDA:
2000: +617% y/y, -105%
2001: +115% y/y, -2%
2002: +101% y/y, -1%
2003: +78% y/y, +5%