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)
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