7 ms·
For some definition of progress, certainly, but neither company was an obvious winner in the first couple of years. The key is to stay very lean until you have
by paul 12y ago
For some definition of progress, certainly, but neither company was an obvious winner in the first couple of years.
The key is to stay very lean until you have definite product/market fit and can raise a huge growth round.
- danieltillett 12y agoWill investors let companies do this? Is it going to be OK if you only grow 100% per year because you are living within your means or aiming to become profitable as soon as possible?
- davidu 12y agoIf you have a SaaS business, growing 100% Y/Y is just fine until you hit $100m ARR. -David
- mrkurt 12y agoMaybe after you pass $10mm ARR. :)
- danieltillett 12y agoYes I think this is the rub. I don't think you can expect right now to get funding at the A round if you have only shown 100% Y/Y growth.