I don't think the last paragraph is correct, many unicorns don't generate profit, yet are hugely successful by any other metric. In many cases, generating profit is actually undesirable for tax reasons.
For tax purpose you need to differentiate between "profit" and "taxable profit". You can try to lower your taxable profit to minimise tax, e.g. by re-investing your profits, but ultimately it is better to turn a profit and to have to pay some tax on it that to have an unprofitable business.
I think the misunderstanding is to confuse this for "profit isn't desirable".
Sure you may try to minimise your taxable profit for tax purposes but that means you are turning a profit, and that may be impossible if you intend to pay dividends.