4 ms·
Absolutely. $100m in revs is basically the magic number for $1b IPO. And a growth company should be "losing" money. Otherwise it's run out of ideas on how to ma
by pbreit 12y ago
Absolutely. $100m in revs is basically the magic number for $1b IPO. And a growth company should be "losing" money. Otherwise it's run out of ideas on how to make money which is a red flag.
- cperciva 12y agoI clearly need to abandon my profitable and steadily growing SaaS business and launch a startup which sells dollar bills for 75 cents each. IPO here I come!
- biot 12y agoOr try the Groupon model: sell other peoples' dollar bills for 50 cents and give them 25 cents from the sale.
- cperciva 12y ago... and then come to Startup School and talk about how you hate people who run unsustainable businesses.
- noir_lord 12y agoI would like to offer 100m for 1% and no board seat. I think my offer is tough but fair.