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knughit
3759 days ago
It's because revenue isn't meaningful, profit is.
1 comments
phamilton
3759 days ago
Profit is not always meaningful either. Running at full Op Ex (eg, hiring a larger team) can reduce profit to near zero, but if it leads to growth it's money well spent.
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forgetsusername
3759 days ago
>
but if it leads to growth it's money well spent.
...provided that the growth leads to more
profit
at some point in the future.
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phamilton
3759 days ago
Turtles all the way down.
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