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by gamblor956 4026 days ago
The WSJ reported this morning that many startups (and distrubingly, many HN-backed startups) are using fuzzy math when it comes to reporting financials. Generally, they're using non-GAAP measures that they "feel" better reflects their "growth" and "income potential" rather than actual financial measures that everyone else uses.

I wouldn't be surprised if the "10,000+" businesses included prospective businesses, companies that tested Zenefits out without committing to it, and former customers.

1 comments

You have a link to that WSJ article?
I think he might be referring to this one:

https://news.ycombinator.com/item?id=9690775