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by TheCondor 3582 days ago
Really? Sure, a division can operate at a profit, or a product can be profitable while the rest of the enterprise is on fire, but profitable has a pretty solid definition in the GAAP world, doesn't it? Now I could totally see uber using all sorts of non-GAAP E.B.(some bullshit we haven't even thought up yet) metrics and those numbers can indicate favorable growth and a direction of future profitability but you couldn't seriously refer to that as "profit" when dealing with real investors.