Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
If you get a question about Star Wars, remember, it's HAN Solo, not HANS Solo. He gets that all the time.

Margins, Not Margarine

Margins, Not Margarine

“But we weren’t profitable at all. In fact we felt like we were burning cash as fast as we could just to handle the growth – it’s expensive to give users a fast experience with lots of features, pictures, video. We needed more computer storage and power and stuff. We knew at some point we’d be profitable – roughly speaking, we thought we’d have two ads on a page which would sell for a fraction of a cent each. In the normal media business, inventory is sold on a ‘CPM’ or cost per thousand basi...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$65.65
Next: Income Statement Abatement, Including the Exciting World of Valuation Ratios
Prev: Munchausen by Proxy

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.