Basically every tech company likes to say they are selling pickaxes, but basically no VC funded company matches that model. To actually come out ahead selling

Basically every tech company likes to say they are selling pickaxes, but basically no VC funded company matches that model. To actually come out ahead selling pickaxes you had to pocket a profit on each one you sold. If you sell your pickaxes at a loss to gain market share, or pour all of your revenue into rapid pickaxe store expansion, you’re going to be just as broke as prospectors when the boom goes bust.