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Thanks for the reply. Just to clarify the picture for me, was the 2024 jump in profit attributing the sale or was that just a solid year? Agreed on the 2x ever
by verelo 8mo ago
Thanks for the reply. Just to clarify the picture for me, was the 2024 jump in profit attributing the sale or was that just a solid year?
Agreed on the 2x every year or two being a weird failure state. I've done both, and I'm at a junction point right now, but I really think a huge part of going all in on the VC route is finding the right money to work with. I've been mostly technical, hidden in dark places all my life. I love having the chance to be customer facing, i love the business side of my work, but doing that with the wrong backers is so unappealing i'd rather not have their money.
Edit: just skimmed your prior post (https://mtlynch.io/i-sold-tinypilot/ https://mtlynch.io/i-sold-tinypilot/). Great stuff, love the transparency!
- mtlynch 8mo ago> Thanks for the reply. Just to clarify the picture for me, was the 2024 jump in profit attributing the sale or was that just a solid year? Mostly the sale. The deal closed in April, but Jan-March was an especially profitable quarter.[0] [0] https://mtlynch.io/retrospectives/2024/04/ https://mtlynch.io/retrospectives/2024/04/