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Indeed. The flip-side to this is that speculative investment on unprofitable moonshots seems to be where ALL the equity-finance money is. My company reliably e
by daxorid 7y ago
Indeed. The flip-side to this is that speculative investment on unprofitable moonshots seems to be where ALL the equity-finance money is.
My company reliably earns low-7-figures on high-7-figures revenue, with respectable but not amazing growth, but the only capital "market" open to us is bank loans and merchant financing.
Nobody cares about boring profitability.
- scarface74 7y agoWhy is that a bad thing? If you are profitable, why would you want to give up equity and control?
- x0x0 7y agoSerious question -- why would you want something besides a bank loan? Because a loan at a couple of percent is way cheaper than VC, who will typically want at least 20% of your company?
- deleted 7y ago[deleted]