Re:Dropbox Reaches Key Profit Milestone
by JonFish85 on Thursday April 27, 2017 @12:47PM
(#14212911)
"Their new profitability gives me some measure of confidence"
"Profitability" can mean whatever you want it to mean at a given moment. In this particular case it's closer than a lot of measures, but it's still a non-GAAP profit. In general these sort of startup announcements are marketing materials.
Every company I've been at has declared themselves "profitable" -- the devil is in the details of what you choose to ignore.
Re:Dropbox Reaches Key Profit Milestone
by sunsu on Thursday April 27, 2017 @12:58PM
(#14213007)
I agree and that's why I used the words "some measure of confidence". However, it IS better than many other unicorn examples, such as Uber losing $800M in Q3 2016 for example.
"Profitability" can mean whatever you want it to mean at a given moment. In this particular case it's closer than a lot of measures, but it's still a non-GAAP profit. In general these sort of startup announcements are marketing materials.
Every company I've been at has declared themselves "profitable" -- the devil is in the details of what you choose to ignore.