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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. They both raised angel / seed money of $1.5 ” You can be profitable while losing money. I thought profitable meant you were making money? Both companies look the exact same after one year.

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How to Start a Startup

www.paulgraham.com

Some believe only businesspeople can do this-- that hackers can implement software, but not design it. Because so little money is involved, raising seedcapital is comparatively easy-- at least in the sense of getting aquick yes or no. Usually you get seed money from individual rich people called"angels." Thats nonsense.

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