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Commenter OP said company so your statements are fair. But if They said startup then you’d be wrong - for startups costs don’t matter initially, growth does. Yo
by ramraj07 5y ago
Commenter OP said company so your statements are fair. But if They said startup then you’d be wrong - for startups costs don’t matter initially, growth does. You get vc funds to cover costs no matter how much they are. In that regard Michigan (till Covid) wasn’t probably a great place to start a startup.
- bumby 5y agoI don't think this is 100% accurate but often spoken about, particularly in tech circles. I think it's more accurate to think of it in terms of if you're not profitable, you can buy time with growth until you can find a way to become profitable. But ultimately profits (and by extension, costs) will always matter.