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Re:Don't Take VC Funding – It Will Destroy Your Company by blibble on Sunday July 09, 2023 @02:56PM (#36657674)
> “Profitability” is a funny term on Hacker News. Think most people here aren’t accountants so they think of profitability as: do you have more cash in the bank at the end of the period than you did at the beginning. That’s “free cash flow profitable.”

no, I look at your financial statements and look for Net Income

(more or less the only number that can't be manipulated by clever tricks)

https://cloudflare.net/news/news-details/2023/Cloudflare-Ann...

> We’ve had non-GAAP operating profits even longer.

you may want to look up what the second A in GAAP stands for

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