[ronhav3]

If GAAP is the only measure, then Amazon and Salesforce have been utter failures for 20+ years, only returning 120,000% and 4000% returns to shareholders.

In fact, if an investor went by GAAP, he would have missed the entire massive SaaS boom of the past decade.

[altdataseller]

Did i say these companies were failures? I simply said they were not profitable.