Elizabeth, if you want me to take you to lunch somewhere nice, you’re first going to have to win a bet. Which, I’m still waiting for you to propose something.
Are you betting against the new luxury mag? Cuz I’ll take that one. I say it’s still around in a year—and it’s profitable. Your move.
I’ll take that bet. Tell me how you’re defining “profitable” — beyond “Jared told me” — and I’ll come up with some stakes.
*POPS POPCORN*
I define it as revenues exceeding expenses.
And Jared doesn’t have to tell me; I see the books, manage editorial budgets, approve expenses and go to monthly P&L meetings. (I asked to see the books before I took the job as well.) So unless Felix wants to suggest that the NYO is fabricating financial statements and entire budget meetings exclusively for my benefit, I’m pretty sure I know the details. I don’t have a good idea re: how to validate for Felix’s benefit, but I’m sure we can come up with something.
OK, I think we have the bones of a bet here. If the first year’s revenues exceed the first year’s expenses, you win. We can discuss what is considered an attributable expense over lunch with @anildash.
Source: spiers
80 Notes/ Hide
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felixsalmon reblogged this from spiers and added:
OK, I think we have the bones of a bet here. If the first year’s revenues exceed the first year’s expenses, you win. We...
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*POOPS POOPCORN*
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Oh god, no way. Spiers will win...one. No one kills a magazine
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No way I’m taking...spiers, but I hope that someone does
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