3 ms·
> Define success? Its not hard to define success. It means having more revenue than their cost, and paying all employees market rate salary(including the found
by YetAnotherNick 3y ago
> Define success?
Its not hard to define success. It means having more revenue than their cost, and paying all employees market rate salary(including the founder himself).
- rondini 3y agoIf that's your view of success then many of the web's biggest services aren't successful
- s1artibartfast 3y agoUnfortunately, it's a common bar for the continued existence of companies. I'd say successes if the company still offers a service in 5 or 10 years. Unless the operators an employees are all independently wealthy, you need to break even
- dns_snek 3y ago> Its not hard to define success. Everyone has their own definition of success. For many, a "successful" tech startup is one that eventually lands a $100M+ buyout, or gets millions of paying customers, or some other metric that's far beyond "simply" arriving at a sustainable business that you (and I) mentioned.