Get the latest tech news

The Profitable Startup


For years, startups have been taught to prioritize growth over everything else. Profitability was seen as unambitious or even wrong – something to worry about when you hit scale.

He argued this made startups more attractive to investors, showing they could get customers to pay, were serious about building valuable products, and were disciplined with expenses. Larger teams mean slower progress, more management overhead, more meetings, more opinions, and usually dilution of vision and standards. If you're creating a new market, or truly require massive scale like a social network, or significant upfront investment like a hardware company, it might take longer.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of Profitable Startup

Profitable Startup