Hacker Read

ape4 · 2013-08-23 10:40:13

Won't this show up in a balance sheet somewhere for the companies?

wmf | karma 46152 | avg karma 2.46 · | 2013-08-23 14:29:56

Yes, it will show up in their internal accounting. So what?

adolph | karma 7648 | avg karma 1.58 · | 2021-10-26 11:59:50

I wonder if this sort of activity would be detectible on publicly available balance sheets?

onlyrealcuzzo | karma 13783 | avg karma 3.37 · | 2023-12-13 09:29:07

No, they're paid in diluted stock, which does not impact the balance sheet.

jhpankow | karma 214 | avg karma 2.74 · | 2021-08-25 10:16:48

I'm sure it would make sense if you saw the balance sheet.

eljimmy | karma 1002 | avg karma 3.58 · | 2022-04-26 20:42:46

It'd be an interesting to look at that, no doubt. Do they publicize that information in their quarterly reports?

perl4ever | karma 7545 | avg karma 0.95 · | 2021-01-08 18:49:17

Their balance sheet? Or their earnings statement?

keiran01 | karma 33 | avg karma 6.6 · | 2022-02-21 19:52:44

costs don't go on the balance sheet :p

rando18423 | karma 83 | avg karma 1.77 · | 2016-06-22 05:11:31+00:00

Hahahahahaha what? That's not how balance sheets work

tomphoolery | karma 2129 | avg karma 2.49 · | 2013-04-24 22:57:34+00:00

Why would they have a balance sheet if they don't/didn't make money?

pfarnsworth | karma 3341 | avg karma 2.68 · | 2017-04-15 02:25:56+00:00

Probably not to their credit, it's something their auditors wouldn't accept because it's fairly straightforward accounting.

Animats | karma 143047 | avg karma 6.11 · | 2017-04-26 04:42:40+00:00

They'd have to publish real GAAP financial numbers. Those numbers would look awful. Years of losses.

krbbltr | karma 27 | avg karma 1.08 · | 2014-05-15 14:00:47

I'm doubtful about paid accounts having a significant impact on their bottom line. Do they publish numbers on that?

joubert | karma 10679 | avg karma 4.3 · | 2011-03-09 12:32:12+00:00

You won't see Sales on a Balance Sheet. It lives on the Income Statement.

gumby | karma 61183 | avg karma 3.86 · | 2017-10-10 16:57:55+00:00

It's material enough on earnings to need reporting but the precise numbers are of competitive value.

Probably if more than 2/3 of it were paid to one company the CFO might consider that material and then we'd learn.

reply

necubi | karma 6052 | avg karma 8.38 · | 2015-02-19 03:53:38

There are definitely companies missing (I have personal knowledge of a few). In particular, it will underreport for profitable B2B companies that haven't raised in a while or at anywhere near their present valuation.

epgui | karma 4307 | avg karma 2.05 · | 2022-10-27 02:03:00

The financial statements would disagree.

formercoder | karma 1178 | avg karma 2.5 · | 2021-01-28 20:55:48+00:00

Curious what the accounting rules are around their BTC on the balance sheet. Would be wild if they had to mark to market.

rcme | karma 3962 | avg karma 2.51 · | 2023-01-23 13:22:47

No you don't. You don't normally include opportunity cost on your balance sheet.

msrsan | karma 28 | avg karma 1.56 · | 2022-02-09 04:49:52

Yup, that makes sense on an individual company basis but - that data is not in the sheet though.