[nl]

$30B ARR says otherwise.

[Sayrus]

ARR says nothing about the ability of these companies to retain customers once subsidies stop.

[101008]

revenue is not profit

[lokar]

And EBITA is not GAAP

[trgn]

in no world is 30B ARR a bad thing

[sensanaty]

If they're spending 60B anually then that is bad. Obviously none of us know what their real burn rate is, but revenue is an irrelevant number if you don't have the full picture.