youngelderly

4 ms·

1. 1.▲
   by youngelderly 2y ago

   It's true. I remember when profitability was the goal for companies. It's disheartening to see how much dependence there is on VC funding these days, rather than striving for self-sufficiency through revenue generation.
2. 2.▲
   by youngelderly 2y ago

   The co-founders are closely connected to the VC funds, and they are individuals with strong networks and an exceptional ability to raise money.
3. 3.▲
   by youngelderly 2y ago

   > But you say your burn rate is $500k/mth. Which suggests that there is a further $455k/mth being burnt on whatever. I just don't see how you'll ever become cash-flow positive. $455k/month is allocated to salarie
4. 4.▲
   Ask HN: Should I Stay or Should I Go? Insights Needed for Series A Startup

   5 points by youngelderly 2y ago|8 comments