2 ms·
They took in more cash than they spent, the opposite of what you are implying. Are you really that upset about GAAP accounting and how non-cash, stock-based co
by erichocean 4y ago
They took in more cash than they spent, the opposite of what you are implying.
Are you really that upset about GAAP accounting and how non-cash, stock-based compensation can lead to paper "losses"?
- senttoschool 4y agoNo, I'm not upset. I was just operating with different information. My point remains. They created impressive technology. But 900m users and 50 engineers needed more context. It's not like they shipped a 900 million iPhone-like product with 50 engineers. They made $200k/engineer which is pretty bad compared to more successful companies. When they needed to make more money, they would have needed a lot more engineers.