NYT today: To public stock investors, they are companies with inflated valuations and real questions about when they will start making money."
"Making money"? Does that mean free cash flow you can spend? Or does it mean earnings which are ... an opinion?
25iQuiz: How is relative post IPO performance related to cash flow, most notably, long term cash flow?
P.s., As an experiment, try buying something after work tonight with "earnings."
When someone writes about "making money" or "earning money" please send the Tren Signal. Thanks!
"Maturity isn’t measured by the number of years you have been around. It’s measured by whether you can earn money. That’s maturity.”
No, that's unclear. Free cash flow? Earnings?
You can follow @trengriffin.
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