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A comment on WeWork parent pulls IPO following pushback: sources. Parent comment

Re:WeWork parent pulls IPO following pushback: sources by navigatesol on Tuesday September 17, 2019 @08:16AM (#20994036)
>VCs these days are very focused on the "SaaS Quick Ratio"

VCs are focused on whatever metric reels in the next layer of suckers. GAAP exists for a reason.

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Re:WeWork parent pulls IPO following pushback: sources by hn_throwaway_99 on Tuesday September 17, 2019 @09:56AM (#20995096)
Except that VCs themselves are highly focused on SaaS Quick Ratio to decide where to invest their own capital. That's quite different than coming up with some vanity metric to hoist a loser onto the public.
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