3 ms·
Not GP, but in a similar position. No, no concern whatsoever. The owners are not greedy which makes all the difference in the world. Not that the profit is low
by amenod 8y ago
Not GP, but in a similar position. No, no concern whatsoever. The owners are not greedy which makes all the difference in the world. Not that the profit is low - it is probably much higher this way, when the whole company pulls toward the goals. I have never worked in an environment with so low amount of office politics.
With the way things look right now for high-tech (or any software development) companies the margins are quite high. But of course, if you are a VC who invests in hundreds of businesses, and expect only a few of them to fly, then those few must fly pretty high to make it worth your while. Which means that being just very profitable is not enough - you need to be extremely profitable. And that comes with compromises (mostly for the workers at such startups).