3 ms·
Remember this quote from Mason's leaked memo: "We are generating cash, not losing it — we generated $25M in cash last quarter alone, adding to the $200M we had
by sunchild 15y ago
Remember this quote from Mason's leaked memo: "We are generating cash, not losing it — we generated $25M in cash last quarter alone, adding to the $200M we had before. In other words, we’re doing the opposite of running out of money."
He chose the words "generating cash" carefully. If it wasn't contrary to his point, he should have addressed revenue instead.