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Hi Tomasz, Ann Winblad talked about 4-5 months of product before an IPO. The huge difference now seems to be no consideration of profit or even projected profi

Hi Tomasz, Ann Winblad talked about 4-5 months of product before an IPO. The huge difference now seems to be no consideration of profit or even projected profitability. IMHO, this is beginning to hugely distort what it even means to be a business today. Understandably no one wants to dwell on this, but it's important when we look at what has changed.

sjg007 11y ago
The equation has been reversed it's about future revenues. Who can you sell to rather than how much you take in. User growth was a proxy for this which is why it has become emphasized. Revenue trails growth and so forth is the saying. It's been valid in the case of Google, Facebook and not in others (say MySpace)