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What cash burn? They've been turning profit quarter after quarter. The cost of 31 massage therapists is a rounding error compared to salaries for senior engine
by qbasic_forever 4y ago
What cash burn? They've been turning profit quarter after quarter.
The cost of 31 massage therapists is a rounding error compared to salaries for senior engineers, of which there are tens of thousands employed.
- hn_throwaway_99 4y agoSaying a company is "burning cash" is not the same as saying they're unprofitable. Indeed, the general argument is that Google's ads machine is so profitable that they can run the business horribly inefficiently because they don't know where to put all that cash.
- TheCoelacanth 4y agoIf a company is "burning cash" at the same time that they are "printing cash", I think you're definitely using the first phrase in a non-conventional way.
- hn_throwaway_99 4y agoContext matters. The original statement was: > Google is so badly managed (e.g. Stadia failure recently) that I am surprised that investors tolerated their insane cash burning for so long. That is, I (and I think most others) interpreted that as Google was essentially lighting a big pile of their cash on fire due to poor management, not that they were unprofitable. That would be very different, for example, than a statement like "Most of these new car companies are burning cash at an unsustainable rate."