Re:Allbirds S-1 IPO
by cliftonk on Tuesday August 31, 2021 @01:18PM
(#28370801)
EBITDA is a useful measure for understanding how much cash a business generates if you were to strip it down. E.g. EV/ebitda is the most widely multiple for buyouts and most accurately takes into account operating leverage. It’s less useful for a business like this, but saying “ebitda is a scam” is illiterate.
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