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So you need a different barometer for their financial state
by Spare_account 8y ago
So you need a different barometer for their financial state
- speedplane 8y agoYeah, they have these crazy barometers of financial health like growth, revenue, and income. But no, snacks are the obvious better indicator.
- TAForObvReasons 8y agoThose figures can be gamed. Snacks give a better impression about what management is actually feeling rather than the numbers they are projecting
- setr 8y agoSnacks can be trivially gamed as well. The primary difference is that snacks aren’t a widely accepted metric, which is why they might be a good one; that is, once a metric is established, it ceases to be a good metric.
- speedplane 8y ago> Snacks can be trivially gamed as well. Snacks and other small perks are trivially gamed. There is a decent argument that companies that spend money on frivolous benefits to project an image of strength have something to hide. Often the frugal, conservative companies that count the pennies lead to more stability and long-term strength.
- raverbashing 8y agoDon't forget non-paying customers.
- umeshunni 8y agoThose are lagging indicators. Revenue can grow for months (or even years) after a company is on a declining path because of contracts, sales teams selling legacy products and so on. The premise of the article is to find leading indicators of health.