Re:Cloudflare S-1
by formercoder on Thursday August 15, 2019 @02:35PM
(#20708230)
Arguably a lot of that R&D should be capitalized and not be on the I/S. Investments like that shouldn’t impact net income. I’m more concerned with G&A going up 500%.
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Re:Cloudflare S-1
by carl_island on Thursday August 15, 2019 @03:18PM
(#20708676)
They are claiming the work needed to become IPO ready (accounting, legal, etc) spiked G&A. I see that a good a chunk of that was 1 time consulting but most was from additional staff.