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Re:Getting price-gouged by private equity in the UK's happie... by dmurray on Tuesday September 03, 2024 @08:02AM (#41434085)
It's just one measure of profitability. Is it a con to report a business's gross revenue? Hardly.

It has a useful meaning in its context. If you're going to value a business based on a single number, your problems can't be fixed by blaming the number.

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