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What revenue and loss numbers (relative %s) would not shock you?
by dpflan 7y ago
What revenue and loss numbers (relative %s) would not shock you?
- mytailorisrich 7y agoAnything less than a profit would shock me.
- nkohari 7y agoNowadays, it's very rare for a software company to be profitable when they IPO.
- icedchai 7y agoGrowth companies don't make a profit this early on. They put it all back into sales and marketing.
- mytailorisrich 7y ago"Growth company" does not mean anything at all. If they were just putting it all back in sales and marketing they wouldn't have losses this high.
- icedchai 7y agoActually, it does. It means they're focused on revenue growth, not profitability, at this stage. Sales and marketing is very, very expensive. Have you worked at any SaaS companies with tons of inside sales?