It's fair to be cynical in the Valley, but crossing the threshold into profitability is definitely an objectively important watershed that I don't think is hype

It's fair to be cynical in the Valley, but crossing the threshold into profitability is definitely an objectively important watershed that I don't think is hype or propaganda. Surely it's all part of their 'IPO campaign' but that doesn't make it invalid or irrelevant information. If they can fill their PR campaign with decent, factual 'un-hypey' information, well, then that's really good for them.