3 comments

[ 0.17 ms ] story [ 17.9 ms ] thread
Trial testimony shows that Neo4j is not currently profitable after 17 years.

Is this normal for VC funded software companies nowadays?

---

Q. DO YOU KNOW WHAT YOUR NET PROFITS ARE?

A. WE ARE IN A LOSS POSITION RIGHT NOW.

https://storage.courtlistener.com/recap/gov.uscourts.cand.33...

This doesn't necessarily mean they're not net-profitable, or that they never were, or that they didn't ever have a profitable year.

Also - profits of the company aren't necessarily equal to profits of the investors/shareholders.