Free Version

Review Topics
Practice Exams
Eat breakfast: you don't want to spend two hours wondering if your neighbor can hear your stomach growling. "Was that a jet?"

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!

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.