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Originally Posted by Cincia Singh After reading the entire interview I have to say it's like his other interviews ... he's an empty suit. I didn't see anything remarkable in what he said... |
I once found something remarkable in what he said. He said, based on the positive cash flow numbers, that he thinks residents earn more profit than LL does.
Now, since the positive cash flow numbers don't include tier (most residents' largest expense) or
a fucking salary, I have to assume LL reports its income to the IRS before it deducts the costs of its San Francisco facility, its equipment and hosting costs, or its employee's salaries, right?
He's a business guy, right? So surely this subtelty of business (you know, profit is what you keep after paying your expenses) doesn't escape him, so...
This was the turning point. I used to give them the benefit of doubt and assume they mean well but just don't put enough effort into things; particularly communication. After their lead business guy pulled this number, I now assume they are intentionally trying to deceive us. I now assume everything they say about "the economy" is a total fabrication.
The 10-15% bot numbers they used to claim should have tipped me off. Nobody can be that fucking blind with the data LL has.