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These are not losses. Losses are, as in Twitter's case, when P is negative.
by Noughmad 13y ago
These are not losses. Losses are, as in Twitter's case, when P is negative.
- sokoloff 13y agoGP is surmising the case where marginal profit per user is positive, even though average profit per user is still negative. IOW, calling it I, net income per user, would have made the argument more clear.