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It's eye-opening that there are companies that forgets about cash-flow and profitability...
by calyth2018 8y ago
It's eye-opening that there are companies that forgets about cash-flow and profitability...
- gorbachev 8y agoUber, Spotify...plenty of other examples, I'm sure.
- okmokmz 8y agoSoundcloud as well. They have something like 175 million users but almost shutdown last year
- ianamartin 8y agoIt's not just that they forget. They are actively encouraged to not think about these things. It's not the startup way, so don't do that. The rules for SV-funded companies are this: 1. Get big no matter what. 2. Play as fast and loose with the rules as you need to in order to accomplish 1. 3. Never think about profitability. Profitability slows growth. All 3 can be summarized as: Never think about anything that slows growth.