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It doesn't need to be twice as good, it needs to generate more net income.
by maxerickson 3y ago
It doesn't need to be twice as good, it needs to generate more net income.
- jletienne 3y agohas anyone cared about net income in decades? maybe it's about signaling to investors, "we have 100s of people working on [emergent technology]"
- huytersd 3y agoJust during every quarterly earning report
- jletienne 3y agojust tell investors to look at adjusted net ebitda. you'll be fine, they won't even notice (sarcasm because you need this stuff spelled out for you) It called the fully adjusted number “community adjusted Ebitda,” by which it subtracted not only interest, taxes, depreciation and amortization, but also basic expenses like marketing, general and administrative, and development and design costs. Those earnings were $233 million, WeWork said.
- rezonant 3y ago> has anyone cared about net income in decades? Uh, you mean net income also known as "net profit"? So your question is effectively "has anyone cared about profit in decades?" Well... yes
- bcherry 3y ago"net income" may be a bit simplistic for the moment, but agreed that it doesn't need to be twice as good. it simply needs to be the best. just because the marginal value of adding people goes down, doesn't mean you shouldn't keep adding them.