Our $445M Series D | Oxide Computer Company
In the spring, we hit a pretty wild milestone: Oxide paid income tax. And
not because of some unusual transaction or one-time event, but because
our ordinary operations (selling computers!) generated taxable income
after accounting for the costs of components, manufacturing, salaries,
and running the rest of the business.
Of course, we each individually pay income tax
every year; is it that surprising that a company is doing what we all do every
spring?Well, yes, it is: most startups don’t pay...
Read more at oxide.computer