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Should Startups Focus on Profitability or Not?

Both Sides of the Table

They both raised angel / seed money of $1.5 ” You can be profitable while losing money. I thought profitable meant you were making money? Income statements are designed according to accounting standards that are designed to “match revenues & costs in the period for which they should be attributed.”

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How to Start a Startup

www.paulgraham.com

They all use the same simple-minded model.They seem to have approached the problem by thinking about how todo database matches instead of how dating works in the real world.An Andyet theres a lot of money at stake. Some believe only businesspeople can do this-- that hackers can implement software, but not design it.

Startup 105
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Get Off My Lawn! Crazy Kids and Their Sex, Drugs and Startup Advice!

This is going to be BIG.

A founder will raise one party round worth of seed money and they''ll go teach a class on how to raise venture capital. Your advice matches the experience of your accomplishments. Our designer is a better designer. That doesn''t feel like the perspective you get from a lot of advice givers these days.

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Top Startup Advisor Paul Graham Just Warned Against Taking Google's Money

www.businessinsider.com

Google Ventures has made more than 100 seed investments, Maris said, including some past and present Y Combinator companies, and is making one to two new ones a week. Parse, one of the most-anticipated startups in Silicon Valley these days , went through Y Combinator last year and raised seed money from Google Ventures , for example.