5 ms·
That's exactly it. Revenue. I've heard PG say in numerous interviews that he doesn't want to incubate small companies. He said he wants "the next big thing". Ha
by t0 14y ago
That's exactly it. Revenue. I've heard PG say in numerous interviews that he doesn't want to incubate small companies. He said he wants "the next big thing". Has he changed his mind?
- mlinsey 14y agoRevenue growth is better than active user growth, but growth is the high order bit. In other words, growing revenue 10% a week is better than growing active users 10% per week. But for a startup (in the startup=growth sense), 10% growth in active users per week and no revenue is much better than being ramen profitable and growing revenues at 2% per week.
- edanm 14y agoPerhaps the average group going into YC has shifted in their goals. I believe there's a general trend towards focusing more on small-risk small-reward startups, I assume this trend is trickling into SV as well.
- tylerhwillis 14y agoPG has always been in favor of "ramen profitability." I've never heard him disparage revenue or think having it is indicative of being a small company.
- jacoblyles 14y agoRevenue is a great signal of a good business.