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A comment on Ask HN: Is HN a ‘healthy online community’? I’m doing a case study for a class. Parent comment
> they have never been profitable
Technically true, but mostly b/c of stock comp. Free cash flow positive for quite awhile:
https://www.macrotrends.net/stocks/charts/DBX/dropbox/free-c...
Not exactly burning money. $1.2BN in cash holdings and growing, projected for an additional $1BN this year.
> have said in their own filings they don't know when or if they will ever be profitable
.. in 2017, and this is basically just boilerplate. Just about every company that goes public says this in their S-1 these days.
Now, 3 years later: https://www.fool.com/investing/2020/02/22/investors-cheer-dr...
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> they have never been profitable
Technically true, but mostly b/c of stock comp. Free cash flow positive for quite awhile:
https://www.macrotrends.net/stocks/charts/DBX/dropbox/free-c...
Not exactly burning money. $1.2BN in cash holdings and growing, projected for an additional $1BN this year.
> have said in their own filings they don't know when or if they will ever be profitable
.. in 2017, and this is basically just boilerplate. Just about every company that goes public says this in their S-1 these days.
Now, 3 years later: https://www.fool.com/investing/2020/02/22/investors-cheer-dr...