๐ EBITDA Positive โ 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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Anonymous 5
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Relying on EBITDA can be misleading; it might mask underlying financial issues and make a startup appear healthier than it actually is, then during VC audits the deal won't go through. It's very painful
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