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I'm sorry, I'm an idiot. Wtf does "user re-authentication" mean? They're counting MAUs as number of logins and not number of active users?

• dangxiaopin 7y ago
  I can only interpret that they are talking about logged in users with accounts. The users were logged out during the pre-IPO and that resulted in some double counting in their second post IPO 10-Q. I was researching this because I asked myself a general question: "Why is the stock price of non dividend paying companies correlated to the performance at all?"
  • mmaunder 7y ago
    Ah. Amazon is a good case study for you. Didn't pay dividends for a decade or more. Reinvested everything. Pissed off analysts. And killed it. In that world as long as you can keep delivering growth, you're good. Miss once and you're toast.
    • kgwgk 7y ago
      > Didn't pay dividends for a decade or more. Amazon has never paid a dividend.