3 ms·
Yes but my point is that if they're reporting profits it'd mean they'd have run out of things to spend money on (R&D, employees, product dev, etc). The whole po
by chrischen 7y ago
Yes but my point is that if they're reporting profits it'd mean they'd have run out of things to spend money on (R&D, employees, product dev, etc). The whole point of VC funding is that so much money will go towards product dev that they'd need external funding.
- scarface74 7y agoAnd how does that apply to a public tech companies that are still losing money like PagerDuty, Dropbox, Mongo, and ElasticCo?
- chrischen 7y agoThey have the same obligation to shareholders to increase future profits, not to hoard cash, which is what income tax discourages.