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Only 'unprofitable' in GAAP terms.It has a very healthy Free Cash Flow margin. And it still a 7x return from IPO. All-in-all, a great success story. (Whatever
by ronhav3 4y ago
Only 'unprofitable' in GAAP terms.It has a very healthy Free Cash Flow margin.
And it still a 7x return from IPO.
All-in-all, a great success story.
(Whatever one thinks of Jira the product)
- altdataseller 4y agoThats the only measure of real profitability - GAAP. Free cash flow includes stock based compensation. Thats a real expanse and turns negative cashflow to positive. But it dilutes existing shareholders, you would like to see positive cashflow EXCLUDING stock based compensation
- ronhav3 4y agoIf GAAP is the only measure, then Amazon and Salesforce have been utter failures for 20+ years, only returning 120,000% and 4000% returns to shareholders. In fact, if an investor went by GAAP, he would have missed the entire massive SaaS boom of the past decade.
- altdataseller 4y agoDid i say these companies were failures? I simply said they were not profitable.