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Should Startups Care About Profitability?

Both Sides of the Table

70–80% of the costs of most startups are employee costs so what you’re really talking about when a company is unprofitable is that they are growing their staff ahead of their revenue. Revenue When I look at an income statement I start by focusing on the revenue line. You need to understand the “quality” of the revenue.

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From Nothing To Something. How To Get There.

techcrunch.com

Also, for the full time coder, you may violate your employee contract especially in the area of non-competes or just plain piss off your boss when he finds out how much time you have been putting into a side project when deadlines were looming. Living expense money 2. Meebo doesn’t even work right on Chrome or Opera.

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Let’s Tax the Boy Scouts

Gregg Fraley, Author of Jack's Notebook

One must have at least seed money, or more, to get a start-up going. A credit union is a membership organisation, and, are non-profit by definition. if they were able to tax credit unions there would be significant revenue to the government, and 2.) Larger credit unions do indeed compete with banks.