Re:GitHub Is Doing Much Better Than Bloomberg Thinks
by JumpCrisscross on Tuesday December 20, 2016 @06:44AM
(#13219011)
> Assuming GitHub calculates their ARR in a healthy and responsible manner, there is no issue with their burn rate since it will result in higher revenue
The original Bloomberg article [1] frames more than decides on this assumption. In any case, it deserves more than a hand wave.
On one hand, every successful start-up pays for future revenues with prudent but present losses. On the other, "a lobby modeled after the White House’s Oval Office" doesn't sound like that.
Re:GitHub Is Doing Much Better Than Bloomberg Thinks
by scotu on Tuesday December 20, 2016 @08:14AM
(#13219479)
I've been in that lobby, it's funny but nothing special; I'm sure it costed a lot of money but it's not like they reproduced trump's bathrooms in the original materials...
The original Bloomberg article [1] frames more than decides on this assumption. In any case, it deserves more than a hand wave.
On one hand, every successful start-up pays for future revenues with prudent but present losses. On the other, "a lobby modeled after the White House’s Oval Office" doesn't sound like that.
[1] https://www.bloomberg.com/news/articles/2016-12-15/github-is...