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How many investors turned down Airbnb, Uber, and DropBox? A lot.
by rdlecler1 10y ago
How many investors turned down Airbnb, Uber, and DropBox? A lot.
- _pmf_ 10y ago> How many investors turned down Airbnb, Uber, and DropBox? A lot. Airbnb and Uber barely generate profit domestically and operate at a loss internationally. Every investor not betting on inflated share prices has been smart not investing in those.
- rdlecler1 10y agoBy your logic you shouldn't invest in a university education because you're not earning a profit while at University. This is what's important to understanding startup economics: IF: CAC < NPV(LTV) THEN: reinvest your earnings and generate zero to negative profit. Where: CAC: Customer Acquisition Cost LTV: Lifetime Value of the Customer NPV: Net Present Value
- kenbaylor 10y agoUber brought in close to a billion in profit in it's developed markets (mostly USA) last year
- draugadrotten 10y ago> How many investors turned down Airbnb, Uber, and DropBox? A lot. These naysayers may have made great business decisions both for themselves and for these startups companies. Not all investors will make a startup prosperous. Only the right investor will create that spark.
- jacquesm 10y agoInvestors influence on where a start-up will end up is overrated. It's mostly up to the founders, luck and the market with investors somewhere near the back of the list of factors.