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Uber owns a huge software platform. Checkout how much it costs them to maintain it.
by marsdepinski 5y ago
Uber owns a huge software platform. Checkout how much it costs them to maintain it.
- youngtaff 5y agoThat's one of the funny things about accounting… In some countries development costs can be captalised, and the depreciated over future years (when that software is earning revenue) Sort of ignores the fact that software is always a depreciating asset from the time you first start writing it
- vineyardmike 5y ago> Checkout how much it costs them to maintain it. Thats Operational Expenditure (OpEx) not Capital Expenditure (CapEx) usually. Unless they own servers, or bought licenses to software, etc.