this post was submitted on 15 Aug 2025
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That "not profitable" label should be taken with a grain of salt. Startups will do all the creative accounting they can in order to maintain that label. After all, don't have to pay taxes on negative profits.
In the end, it still means their losses are greater than their profits.
They've still got taxes they need to pay, too - things like payroll taxes, real estate taxes, etc.