3 ms·
Wouldn't saying "we're actually profitable" be better? a) you still get into news (though for a different reason), b) gives prospective employees sense of stabi
by pointlessone 4y ago
Wouldn't saying "we're actually profitable" be better? a) you still get into news (though for a different reason), b) gives prospective employees sense of stability, c) being profitable seems like good progress in my book, and d) no dilution for existing employees, not even a little.
- esprehn 4y agoNot especially so. Profitable could mean many things and doesn't carry scale or risk. Doing a funding round means you were externally assessed at a value, and that investors are willing to take a certain level of risk on your company. Nothing the company says can carry that weight or detail while still keeping their metrics private.
- andreilys 4y agoProfitable companies that grow 2% y/y are not very attractive for employees.