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Growth > everything is something that just came up in a conversation I had with a VC-backed startup. My employer is bootstrapped, and I have both EBITDA and Yo
by the_watcher 13y ago
Growth > everything is something that just came up in a conversation I had with a VC-backed startup. My employer is bootstrapped, and I have both EBITDA and YoY growth goals. The startup told me that they essentially ignore acquisition cost. It made me incredibly jealous, since I've been driving growth with positive EBITDA for two years, and I am salivating over what I could do with a good product and no EBITDA constraints.
- the_watcher 13y agoJust want to clarify this - I'm speaking solely as someone who was given aggressive growth and profitability targets that pretty clearly were so aggressive that it was highly unlikely we could hit both. The envy I felt was primarily about early stage startups being able to focus primarily on growth (and covering as much of their burn as possible), rather than outright profitability. I don't think companies should ignore profit, especially not as they grow larger. But having a clear primary goal sounds pretty great.