Neo4j is unprofitable after 17 years, is this common for VC funded companies? [pdf]

john-mark wrote: post #2

Trial testimony shows that Neo4j is not currently profitable after 17 years. Is this normal for VC funded software companies nowadays? --- Q. DO YOU KNOW WHAT YOUR NET PROFITS ARE? A. WE ARE IN A LOSS POSITION RIGHT NOW. https://storage.courtlistener.com/recap/gov.uscourts.cand.33...

This doesn't necessarily mean they're not net-profitable, or that they never were, or that they didn't ever have a profitable year.

Also - profits of the company aren't necessarily equal to profits of the investors/shareholders.

Re: Neo4j is unprofitable after 17 years, is this common for VC funded companies? [pdf]

#4

Post by john-mark » Sat, Aug 17, 2024, 2:01 PM UTC

throwaway48540 wrote: post #3

john-mark wrote: post #2

Trial testimony shows that Neo4j is not currently profitable after 17 years. Is this normal for VC funded software companies nowadays? --- Q. DO YOU KNOW WHAT YOUR NET PROFITS ARE? A. WE ARE IN A LOSS POSITION RIGHT NOW. https://storage.courtlistener.com/recap/gov.uscourts.cand.33...

This doesn't necessarily mean they're not net-profitable, or that they never were, or that they didn't ever have a profitable year. Also - profits of the company aren't necessarily equal to profits of the investors/shareholders.

Will more information that could touch on what you mentioned be in their S-1 registration if they attempt an IPO? I need to search through all the court documents to see if there are any more details about prior years. Good thing I have LLMs to help with this now.

https://www.courtlistener.com/docket/16272543/neo4j-inc-v-pu... https://www.courtlistener.com/docket/16276158/neo4j-inc-v-gr...