> good framework for measuring success in startups Accounting world is partial to profits as a sane measure. Investors should look at ROI. In other words no

> good framework for measuring success in startups Accounting world is partial to profits as a sane measure. Investors should look at ROI. In other words no startup is successful until it's making money. Which I don't think is an unfair measure. Now if you want to compare pre-success startups to one another, good luck. A measure doesn't exist. That is why the whole VC system exists and investors are willing to gamble 1 in 5 or 1 in 10 startups will pay off.