19 creative accounting schemes for money-losing startups
Quartz offers the following ideas for pro-forma accounting practices:
The new age EBITDA principles for Startups
EBACE Earnings before all conceivable expenses
EBILT Earnings before inevitable legal trouble
EER Earnings excluding reality
EEG Earnings excluding gluten
ELOL Earnings leaving out losses
EASA Earnings according to sycophantic analysts
EBJC Earnings before John Carreyrou
EWPF Earnings if women were paid fairly
EBAIS Earnings before AI singularity
EBAAI Earnings before Amazon ate our industry
EBACT Earnings before awkward Congressional testimony
EBPB Earnings before pivot to blockchain
EBCDB Earnings before catastrophic data breach
EMFEBT Earnings from moving fast excluding broken things
EBBFVA Earnings before branded fleece vest amortization
EAMAGA Earnings after America Made Great Again
EBLFAW Earnings before life found a way
EBITMCMF Earnings before interest, tax, and mid-century modern furniture
EBLWAEAM Earnings but like what are earnings anyway, man
We love the one created by our favorite startup the infamous Weworks which is Community adjusted EBITDA, CAEBITDA for short. (No kidding this is real)
Thank you for our friends at quarts for pulling this together: https://qz.com/1263214/pro-forma-accounting-19-creative-schemes-for-money-losing-startups/
Disclosure: Warning to MBAs and financial analyst wannabe; Please do not take this seriously as this is not real, as all mentors, incubators and accelerators practice this is part of the fake it until you make it syndrome.
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