If the global economy collapses over the Gulf War, watching Sam Altman do a Wile E. Coyote in mid-air will keep me amused on the bread line.
Seen elsewhere: "Is Stripe the Most Anticipated IPO Since Coinbase?"
this post was submitted on 22 May 2026
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Adjusted operating income margin was -122% in the first quarter … That means that for every dollar of revenue the company generated, it lost $1.22
This is so confusing. So is it -122% or is it -22%? Cause -122% should mean that for each dollar gained they lose 2.22 because that's how percentages work, no?
The lower of those numbers is obviously fake. The other is "okay, I guess they're doing better than I expected, but at least it's plausible"
I have no idea and I wonder if The Information does either.
the “margin” is load bearing; formula here is operating income divided by revenue
I'm not sure I understand how you calculated this.
2.22 Would be -222%
50% of 1 can be calculated like 1 x 50 / 100 or simply 1 x 0.5
Same for 122% 1 x 1.22 = 1.22
If you spend $1.22 for every $1.00 gained, then your operating income is $-0.22. So your income is -22% of your revenue.
Calculating like you do would mean that a -100% operating income margin means you break even, and that's kinda silly. What would a positive margin mean?
I am not a CPA but I think that means "they spend $2.22 to make another $1.00"
Will this pop the bubble?
If this doesn't, China flooding the market will memory chips will.
China please 🥺🙏
Honestly go China im sick of this shit
Has anything popped the bitcoin bubble?
It's popped a few times before