They include depreciation in the calculation, so it's not that bad. | Hacker News

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		trevyn on July 12, 2019 \| parent \| context \| favorite \| on: Hit by Big Loss, Bird Seeks $300M in New Funds They include depreciation in the calculation, so it's not that bad.

Cacti on July 12, 2019 [–]

Not bad? It’s _worse_. They’re not depreciating servers here that they got use out of, they’re depreciating scooters that are broken, stolen, missing, or otherwise falling apart. Considering this is their fundamental business, it’s pretty bad.

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