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It could be runway, it could also just be timing - there's lots of talk about how the economy is slowing, so investment in anything that doesn't currently produ
by chiph 11y ago
It could be runway, it could also just be timing - there's lots of talk about how the economy is slowing, so investment in anything that doesn't currently produce profits, with strong indications of increased profits in the future, is probably going to be difficult to get.
Austin definitely does it's own thing. And gets derided as "the home of the lifestyle business". But if you're profitable and have happy customers, absurd valuations and the drama that goes along with them aren't really needed.
As a note to Joah - I was surprised I couldn't enter a zipcode.