"net income" may be a bit simplistic for the moment, but agreed that it doesn't need to be twice as good. it simply needs to be the best. just because the marginal value of adding people goes down, doesn't mean you shouldn't keep adding them.
just tell investors to look at adjusted net ebitda. you'll be fine, they won't even notice (sarcasm because you need this stuff spelled out for you)
It called the fully adjusted number “community adjusted Ebitda,” by which it subtracted not only interest, taxes, depreciation and amortization, but also basic expenses like marketing, general and administrative, and development and design costs. Those earnings were $233 million, WeWork said.
