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Well, I think in We's case, they are pulling revenue which should be deferred forward, but like the Dotcom companies, you can also grow revenue by selling $2 fo
by pmart123 7y ago
Well, I think in We's case, they are pulling revenue which should be deferred forward, but like the Dotcom companies, you can also grow revenue by selling $2 for $1, which shows up when your losses are growing more/close to your revenue growth.
As you mentioned, net income can easily be massaged, adjusted EBITDA, etc. Cash flow is harder to fake. Airbnb should have decent to good unit economics though.