$5 million loss

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement May 27, 2024 by Jason Lemkin · across every show →

Everything said about $5 million loss, oldest first

May 27, 2024 negative

Disclosure

Lemkin: Lost $5 million on startup that improperly recognized annual revenue upfront

“This five million dollar loss when you take 12 months of revenue and you recognize it all in one month, that's at the edge of fraud, isn't it?”

Jason Lemkin May 27, 2024 ▶ 40:39 Jason Lemkin: Why Pricing is Worse Than Ever and There is More Funding Than Ever | E1157 · 20VC with Harry Stebbings

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$5 million loss

Everything said about $5 million loss, oldest first

Turn any episode into a week of clips.