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The article says they raised 700M. Even if costs them 100M to build a data center, they can't use 1/7th of the money they raised, to build one? How exactly ar
by vijayr 15y ago
The article says they raised 700M. Even if costs them 100M to build a data center, they can't use 1/7th of the money they raised, to build one? How exactly are they spending that much money?
- nknight 15y agoA reasonable question to which I have no clear answer, but this is the company that tried to turn a $420 million operating loss for 2010 into a $60 million operating income by amortizing their marketing and acquisition costs. Perhaps they're still bleeding money on such costs?