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Focusing on growth and revenue sounds like the right thing to do for a p2p dog walking marketplace, or a SaaS enterprise meal planning app, but what about the s
by woah 10y ago
Focusing on growth and revenue sounds like the right thing to do for a p2p dog walking marketplace, or a SaaS enterprise meal planning app, but what about the startups solving big problems? Is month over month user growth relevant to a nuclear fusion or jet airplane startup?
- adora 10y agoat the very least, you can get LOIs or POCs
- balls187 10y agogrowth & revenue are ways to show "traction" -- a buzzwordy way to measure meaningful progress. For an R&D based startup working on Fusion, that progress would be measured differently. Many businesses have Key Performance Indicators (KPI's). Startups should be no different.
- dasil003 10y agoAnd YC probably doesn't see many of those...
- tlb 10y agoI've seen meaningful progress metrics in R&D-stage companies working on fusion, synthetic bio, AI, rockets, and more. I think they're especially important in R&D companies, because it's so easy to go off into the weeds or solve the wrong problems.
- greendestiny 10y agoYou just have to spend a lot longer in phase 1 (or pre phase 1) where you're trying to make something people want. Once you've built that tech you still want to sell it and to have growth right?