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Should Startups Focus on Profitability or Not?

Both Sides of the Table

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. After all, they doubled their operating costs when they weren’t even profitable. Simplifying: Revenue -.

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Should Startups Care About Profitability?

Both Sides of the Table

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. They used the money to hire a bigger tech team so they could roll out their second product line. Again, it depends.

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