2 ms·
> having a plan to reach profitability with total investment on the order of what a [not-outrageously-wealthy] group of founders might invest $120k USD is a lo
by threeseed 5y ago
> having a plan to reach profitability with total investment on the order of what a [not-outrageously-wealthy] group of founders might invest
$120k USD is a lot of money for many international startups.
10-20 years ago it was also a lot of money for US startups to receive early in their journey.
So this definition is pretty pointless.