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Re:Stripe tried to raise more funding at a $55B-$60B valuation by papito on Saturday January 28, 2023 @05:28AM (#34556565)
Then why mention EBIDTA? It exists to basically say "we are bullshit artists and we are using creative accounting to LOOK profitable".
Re:Stripe tried to raise more funding at a $55B-$60B valuation by hef19898 on Saturday January 28, 2023 @07:48AM (#34557147)
If you apply "creative" accounting to your EBITDA, you in the same group of companies like Enron.
Re:Stripe tried to raise more funding at a $55B-$60B valuation by coffeebeqn on Saturday January 28, 2023 @11:22AM (#34558858)
Never forget that WeWork used “community adjusted” ebitda. So it can still get worse
Re:Stripe tried to raise more funding at a $55B-$60B valuation by hef19898 on Saturday January 28, 2023 @04:53PM (#34562363)
That, and "Cash flow including funding" are my two favorite bullshit financial metrics!