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๐Ÿ“Š 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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Arcane

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Even Charlie Munger calls it BS earnings

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