Comment

Comment by gravypod

If they, through standard accounting practices, cannot show they are profitable how do we know they are profitable? I assume they can't just say "we are profitable assuming you ignore the costs we paid to build up XYZ". I'm guessing they could pre - rent compute for 10 years or something and maybe that's all on the balance sheet but you'd just amortize that and I think that falls under GAAP?
parent gravypod 1 month ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton