Summary: There’s a mystery lurking in Silicon Valley. Source: Open Clipart Over the past decade and a half the tech industry has quietly added over $60 billion onto its collective balance sheet. Where did that money come from? And where did it all go? The money is hiding in plain sight, on a balance sheet line called “goodwill.” Goodwill is created when a company pays a premium for another company. It’s a way to lump all the “good” […]
