Remove Burn Rate Remove Operations Remove Retention Remove Seed Money
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Should Startups Care About Profitability?

Both Sides of the Table

They don’t want high burn rates but they will never fund slow growth. They both raised angel / seed money of $1.5 million to fund operations in their first year of operations. After all, they doubled their operating costs when they weren’t even profitable. What did they actually do? Again, it depends.