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points by financetechbro 3 days ago | 0 comments
I think this is unfairly underplaying WeWorks contribution to financial innovation with their creation of “community adjusted EBITDA”
[–] cmiles8 3 days ago
Well every startup plays the game of “we’re profitable if you ignore all the reasons why we’re not profitable.”

GAAP isn’t perfect, but it exists for a reason.

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