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📊 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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Don't you think VC knows the difference between Ebitda and Profit. The only use of it is just to improve a company's image in the public. As general croud don't know the difference between them

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