News for hackers. Stuff that matters.
Re:Brex Layoffs by eterm on Tuesday January 23, 2024 @02:33PM (#39108488)
What am I not understanding about your comment, 300m is 25m per month, so that sounds very profitable?
Re:Brex Layoffs by e1g on Tuesday January 23, 2024 @02:37PM (#39108547)
They spend every cent of the revenue they made AND the extra $17m each month.
Re:Brex Layoffs by kstrauser on Tuesday January 23, 2024 @04:18PM (#39109991)
Ohhhh, I misunderstood that in the same way. $17 is the burn (i.e. the net loss), not the expenses.
Re:Brex Layoffs by umeshunni on Tuesday January 23, 2024 @04:04PM (#39109795)
Their spend is $42m per month