Re:DigitalOcean is laying off staff
by hinkley on Friday January 17, 2020 @12:43PM
(#22077039)
It’s been both for me several times, and the management team made it sound perfectly normal in each case.
When you’re courting investor it’s not uncommon to look at your finances and do some work to make the balance sheet look better. You goose your margins a percent or three. But it’s kinda gaming the numbers because you can’t keep doing it without hurting your revenue. You’re putting a little S-curve on the graph of your margins and what? Hoping some people see the beginning of a hockey stick instead? If the round closes successfully you probably will get a hockey stick soon afterward. But this isn’t when it started.
When you’re courting investor it’s not uncommon to look at your finances and do some work to make the balance sheet look better. You goose your margins a percent or three. But it’s kinda gaming the numbers because you can’t keep doing it without hurting your revenue. You’re putting a little S-curve on the graph of your margins and what? Hoping some people see the beginning of a hockey stick instead? If the round closes successfully you probably will get a hockey stick soon afterward. But this isn’t when it started.