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There's no factual evidence to back this statement up. See my other comment on this thread.
by davidu 13y ago
There's no factual evidence to back this statement up. See my other comment on this thread.
- thejosh 13y agoWhat? Not making money isn't a bad thing for startups? I must be really out of the loop, I didn't realise startups run on Unicorn smiles and jellybeans.
- davidu 13y agoMany run on capital raised from investors until which point they reach a liquidity event that exists irrespective of making money. Some also make money. But VC-backed startups, which is really the only connotation of startup that we use here on YC, are a special breed of startup (generally focused on massive growth) where operating capital derived from revenue is not a pre-requisite for success.