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There seems to be an almost pathological bias against profitability with a lot of startups.
by colinplamondon 18y ago
There seems to be an almost pathological bias against profitability with a lot of startups.
- acgourley 18y agoThat's not really it, if we're going to speak in generalizations it would be more fitting to talk about the investors that favor high risk/high reward growth patterns.
- sown 18y agoSo I heard that some think that is because for a long while the R/D effort was outsourced to other companies, away from larger ones. I dunno if that is the case but in the company I worked for got acquired and did some pretty serious R/D. It could have been profitable but acquisition was obviously the easier way out so the investors took it. I'm sure something like Twitter is useful but only to a large company, perhaps? I dunno.