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Re:Whole Earth Software Catalog (1984) by kick on Tuesday July 07, 2020 @11:30AM (#23760237)
They use all [their] money and it's well spent.

False.

https://en.wikipedia.org/wiki/Wikipedia:Fundraising_statisti...

Revenue: $ 120,067,266

Expenses: $ 91,414,010

Re:Whole Earth Software Catalog (1984) by bostonpete on Thursday July 09, 2020 @10:20AM (#23780524)
Is it possible that some of that difference is due to amortization of hardware and other assets? I'm not a finance person, but I thought that those sorts of expenses show up incrementally on the books over the course of the amortization period even though they're typically paid for up front... (?)