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Do you have cash in the bank? Are you running neck and neck with competitors? Are you leaving growth on the table? Could you survive 100% loss for a few mont
by webwright 15y ago
Do you have cash in the bank? Are you running neck and neck with competitors? Are you leaving growth on the table? Could you survive 100% loss for a few months?
When you take outside money, there is an implicit commitment to growth and risk. If you're playing it safe and your competitors are outpacing you, it's fair for you investor to push. But at 30% growth MONTHLY (which is insanely good), you can probably comfortably push back. But if there are obvious investments that could accelerate growth, you should consider making them at the expense of month to month profit (if you have the cash to do it). If you don't have the cash, you should consider raising money (at good terms) so that you have the ability to make this choice.
Good read on startups and profitability here: http://www.bothsidesofthetable.com/2011/12/27/should-startups-focus-on-profitability-or-not/ http://www.bothsidesofthetable.com/2011/12/27/should-startup...