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by mscuwa 1157 days ago
3. Agree, but this applies to assets depreciation too, how software is different?

I understand the rest and I'm not saying it's a good law. It's just not as bad as in the example with $1,000,000 above as IMO most companies won't be in that position, especially newly founded startups. The worst part is that it happens without a ramp up and with high interest rates.