Comment by pclmulqdq
6 months ago
"Profitable" in an accounting sense has nothing to do with your cash position. This is something that people in tech don't really seem to understand.
6 months ago
"Profitable" in an accounting sense has nothing to do with your cash position. This is something that people in tech don't really seem to understand.
i think people in tech are usually focused on free cash flow, aka playing around money.
Tech likes free cash flow because share based compensation isn't included in it.