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Should Startups Focus on Profitability or Not?

Both Sides of the Table

Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. Being profitable allows you degrees of freedom you don’t have when you rely upon other people’s money. If you had huge customer growth but just didn’t focus on revenue that’s a different story.

Startup 418
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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

The net effect for [my company] for example is we are now doing reasonably well. I raised $500k in seed money to start the company. year old boy and another one due in 1 months. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers.

Founder 329
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How to Fund a Startup

www.paulgraham.com

I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. It wasnt because they werent accredited investors that I didntask my parents for seed money, though. Custom work doesnt scale.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

“The tech industry creates roughly 10 awesome companies per year,” he says. “That’s independent of how much money VCs have or how many companies funded. “I wouldn’t expect anyone except seed investors to complain about it,” Graham says. See those things around your legs, cloud customer?