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Why ScaleFactor Failed, According to Employees (It Wasn't COVID-19)

Cloud Accounting Podcast

They put all of the customer service team under cost of goods sold. Since 2008, the Fed has doubled the amount of money in the economy; doubled the money supply. David Leary: [00:40:55] Yeah, because they didn't want it to affect their numbers when they'd go to get more VC money. They actually put - creative accounting.

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PPP Round 2 May Be Over Before It Even Started

Cloud Accounting Podcast

The last stimulus, in 2008, it was twice that. It kind of is like, "Hey, we know we have not given good customer service, but now we're gonna start. We've improved it, so now, we're giving you more customer service. Now, step back and do the math on this. 900 billion. Blake Oliver: [00:21:06] Right. But guess what?