David Sacks

Yeah.

So in accounting, we need a jingle for accounting corner.

So in accounting, we need a jingle for accounting corner.

Sharpening your pencils.

Sharpening your pencils.

Get your calculator.

Get your calculator.

Under GAAP standards, he's generally accepted accounting principles.

Under GAAP standards, he's generally accepted accounting principles.

When you report your operating expenses every quarter as a public company or a gap filer, you take your capex, anything that you make a big investment in and you depreciate it over some lifetime.

When you report your operating expenses every quarter as a public company or a gap filer, you take your capex, anything that you make a big investment in and you depreciate it over some lifetime.

And there's an accounting process by which you can do an internal review and determine that if your depreciation schedule doesn't actually map

And there's an accounting process by which you can do an internal review and determine that if your depreciation schedule doesn't actually map

to reality, you should make an adjustment.

to reality, you should make an adjustment.

And so there's a periodic assessment that's done to do that.

And so there's a periodic assessment that's done to do that.

And just to give you a sense to your point, Jason, on the math, Google in the last 12 months made $120 billion in operating profit, okay?

And just to give you a sense to your point, Jason, on the math, Google in the last 12 months made $120 billion in operating profit, okay?

And let's assume they're making 70 billion in CapEx this year.