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Trial testimony shows that Neo4j is not currently profitable after 17 years. Is this normal for VC funded software companies nowadays? --- Q. DO YOU KNOW WHA
by john-mark 2y ago
Trial testimony shows that Neo4j is not currently profitable after 17 years.
Is this normal for VC funded software companies nowadays?
---
Q. DO YOU KNOW WHAT YOUR NET PROFITS ARE?
A. WE ARE IN A LOSS POSITION RIGHT NOW.
https://storage.courtlistener.com/recap/gov.uscourts.cand.335295/gov.uscourts.cand.335295.231.0_30.pdf https://storage.courtlistener.com/recap/gov.uscourts.cand.33...
- throwaway48540 2y agoThis doesn't necessarily mean they're not net-profitable, or that they never were, or that they didn't ever have a profitable year. Also - profits of the company aren't necessarily equal to profits of the investors/shareholders.
- john-mark 2y agoWill more information that could touch on what you mentioned be in their S-1 registration if they attempt an IPO? I need to search through all the court documents to see if there are any more details about prior years. Good thing I have LLMs to help with this now. https://www.courtlistener.com/docket/16272543/neo4j-inc-v-purethink-llc/ https://www.courtlistener.com/docket/16272543/neo4j-inc-v-pu... https://www.courtlistener.com/docket/16276158/neo4j-inc-v-graph-foundation-inc/ https://www.courtlistener.com/docket/16276158/neo4j-inc-v-gr...