Would you mind expanding/educating me on this point? When I think of capex I think of “purchasing a thing that’s depreciated over a time window”. If you’d said “transform SRE/COGS costs into developer/R&D/opex costs” I would’ve understood, but eventually the thing leaves development and goes back into COGS.
See my other message for the developer issues, though. IMHO fdb as it is today is too hard for most developers if their use case is anything beyond redis simple keys.
- developer time is approximately fungible with money - project delivery is building a thing, that you own, and that has value, and that you will use to produce other value... - ...which can therefore be entered on the balance sheet.
I've just left a company a little after it floated. In the run-up to the float, we were directed to maximise our capital time logged. That meant any kind of feature delivery. Bugfixes were opex.
I believe this was done to grow the balance sheet and maximise market cap.
Would love to hear from anyone with experience in fdb whether these assumptions hold.