It .. depends. But I agree that most startups could benefit from a stronger emphasis on creating and growing cash-flow. The better you do at it the better your

It .. depends. But I agree that most startups could benefit from a stronger emphasis on creating and growing cash-flow. The better you do at it the better your valuations will be if you do raise money. And if you can do so well that you don't ever need to raise money, all the better. I'm working on my latest idea and what's most attractive about it to me is not that it can grow into a very large and very valuable world-wide business, even though it has that potential. But that I can bootstrap it myself into a small business with significant cash flow, and possibly grow it without ever taking funding. That's really attractive.