Nondescript wrote: ↑05 May 2019, 11:32
I always find it weird how those companies like Amazon in their start up days and Uber still now, manage to get the kind of consistent capital to just constantly bleed money like that.
I'd guess the losses weren't on a cash basis. For startups, cash flow is more important than profit/loss as they contain many non-cash expenditures.
oogiebe wrote: ↑05 May 2019, 11:34
I'd guess the losses weren't on a cash basis. For startups, cash flow is more important than profit/loss as they contain many non-cash expenditures.