"GAAP net income is a meaningless measurement for a subscription-based business model. Dropbox users sign up for an annual fee and pay in cash up front and then the company recognizes that revenue over the entire year." https://t.co/uZelfF6fMP A subscriber is like an annuity.
— Tren Griffin (@trengriffin) February 24, 2018
from Twitter https://twitter.com/trengriffin
February 24, 2018 at 10:49AM
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