Should Startups Focus on Profitability or Not?
Both Sides of the Table
DECEMBER 27, 2011
If you spent the 3 years perfecting some hugely differentiated technology IP that may also be different. Operating Costs. They both raised angel / seed money of $1.5 million to fund operations in their first year of operations. In many Internet startups 80% of the operating costs will be people.
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