3 ms·
I guess you aren't native english speaker. As a french speaker, I got bitten by it in the past. Revenu is the total income, you have probably profit in mind.
by rat9988 7y ago
I guess you aren't native english speaker. As a french speaker, I got bitten by it in the past. Revenu is the total income, you have probably profit in mind.
- lacampbell 7y agoThere are so many false friends with French and English. I really don't have the heart to tell my colleagues in France that 'Unicity' - which they named a whole big project after - isn't a word...
- krapht 7y agoHuh? Seems like a word, linked below. https://www.thefreedictionary.com/unicity https://www.thefreedictionary.com/unicity
- lacampbell 7y agoTIL! It's must be a fairly obscure one though. My English speaking colleagues and I had never heard of it, and it's not here https://www.dictionary.com/misspelling?term=unicity https://www.dictionary.com/misspelling?term=unicity
- smiths1999 7y agoYes - the comment you are replying to is making the point that revenue may be $500,000 (extrapolated) but if server costs are $1,000,000 then the app is losing money, not making money. I see this trend quite frequently, only mentioning revenue but leaving out costs.
- busymom0 7y agoYep. One thing which I have learnt from watching Shark Tank is that many companies would come with crazy valuations because they make millions in revenue. Only once questioned by the sharks would they disclose the much bigger operating costs and were severely bleeding money instead of profits.
- superfrank 7y agoTo put it succinctly, "Revenue is vanity, profit is sanity".
- shripadk 7y agoYep! Not to take away from what you said (which is absolutely true) the author does mention hitting profitability (assuming it is in 2018).