Re:GitHub Is Doing Much Better Than Bloomberg Thinks
by moritzplassnig on Tuesday December 20, 2016 @10:27AM
(#13220594)
GitHub didn't spend $27M. They spent far more, in a simplified calculation exactly how you described it: $122M in total spend - $95M in revenue = a loss of $27M.
To be more accurate, according to their P&L, GitHub made $95M in recognized revenue and showed a net loss of $27M.
To be more accurate, according to their P&L, GitHub made $95M in recognized revenue and showed a net loss of $27M.