📊 EBITDA Positive ≠ Profitable: The Startup Illusion/delusion
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is just a fancy term used to prevent yourself to be called loss making and shows reduced losses
1. Depreciation
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Havish Gupta
Figuring Out • 9m
Tbh, the only use of it is just to improve the company's image in the public. As general public doesnt know the difference between them and media won't tell.
