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A comment on Former Facebook, WhatsApp employees lead new push to fix social media. Parent comment

Re:Former Facebook, WhatsApp employees lead new push to fix ... by skinnymuch on Thursday May 05, 2022 @01:46PM (#31276429)
I subtracted the stock compensation for my figure already.

My number still stands. Or if looking at net cash, it was never enough to cover all expenses.

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Re:Former Facebook, WhatsApp employees lead new push to fix ... by gen220 on Thursday May 05, 2022 @02:55PM (#31277152)
You can see the source directly, rather than the article [1].

The gist of the misunderstanding is that there are many more things that register as "expenses" when calculating net loss without burning your cash pile. Stock compensation just happens to be the biggest one.

They had $10.21mm in revenue in 2013 and $3.82mm in 2012. [page 4]

$9.94mm net cash used in 2013. $3.5mm in 2012. [page 6]

[1]: http://web.archive.org/web/20141031201145/http://investor.fb...

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