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What? 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.
by thejosh 13y ago
What?
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.