Comment on Goodbye Youtube and thanks for all the fish

• Rodeo@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  I just want to point out that a corporation not making a profit doesn’t mean they’re not making money. It means they’ve spent the money on something and then in the accounting they can call it an expense instead of profit. But they still made that money and they still have something to show for it.

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  • gardner@lemmy.nz ⁨1⁩ ⁨year⁩ ago

    That’s revenue, not profit.

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    • Rodeo@lemmy.ca ⁨1⁩ ⁨year⁩ ago

      Revenue only becomes profit if you let it.

      Got $1m in revenue that you don’t want to declare as profit? Purchase some assets and now you have $1m expense instead.

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  • cucumber_sandwich@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Yeah, sure. Doesn’t change the other point

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    • Rodeo@lemmy.ca ⁨1⁩ ⁨year⁩ ago

      I guess what I’m saying is that although your first point is true, your second point doesn’t actually support it.

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