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maerF0x0today at 4:33 PM1 replyview on HN

That's a bit hyperbolic. It's closer to using EBITDA as your "earnings" and bucketing model costs in a rapid depreciation model (which is fair, I'd assume a model is good for more than just 1 year...


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JumpCrisscrosstoday at 4:38 PM

It's gross margin. Not including training in gross margin is perfectly reasonable.

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