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I imagine there are many other businesses that would be profitable if they excluded all of their largest costs from their reporting.
by cdrnsf 12d ago
I imagine there are many other businesses that would be profitable if they excluded all of their largest costs from their reporting.
- throwaway_95283 12d agoTurns out building houses is super profitable once you remove the cost of building materials, labor, and land.
- csbrooks 12d agoOk, but a more honest comparison here would be removing the cost of hiring architects and hiring lawyers to draft contracts, not all the per-house costs.
- JumpCrisscross 12d ago> removing the cost of hiring architects and hiring lawyers to draft contracts For multi-unit houses, sure. The actual analogy is closer to removing the cost of the cement plant from every house. Fixed versus variable costs.
- stymaar 11d agoFun fact: most, if not all, tech startups are actually “profitable” under this assumption.