3 ms·
My friends, we are finally hitting the new economy where even startup are being asked to make money---maybe not to the point of profitability, but even a little
by gjmulhol 11y ago
My friends, we are finally hitting the new economy where even startup are being asked to make money---maybe not to the point of profitability, but even a little revenue can make a big difference in a lean organization.
- pavlov 11y agoHasn't "ramen profitable" been a YC mantra since, well, forever? I don't really see how anything has changed.
- telotortium 11y agoPerhaps this mantra has fallen into obscurity in the exuberant times of the past few years. It'll probably be coming back soon enough.
- gjmulhol 11y agoMaybe, but a lot of companies, even in YC, focus on a lot of things that are not related to revenue (unpaid user growth etc).
- shostack 11y agoI'm always reminded of this clip from "Silicon Valley" [1] when this comes up. [1] https://www.youtube.com/watch?v=OH9CXhWV6zE https://www.youtube.com/watch?v=OH9CXhWV6zE
- aagha 11y agoI'm willing to bet someone said almost EXACTLY this same thing at the end of the dot-com-bubble.